Amalgamated annual and final report GR 246-12 EL 27628 and EL 27751 Epenarra, 8 April 2010 to 10 May 2013

Abstract

Oneva Exploration Pty Ltd (Oneva) was granted EL 27628 on 8th April 2010 for 6 years. A second smaller area: EL 27751 was later granted in July 2010. Our objective was to combine both licences and sample prospective formations across the areas, chiefly in search of gold and tungsten. Heavy rainfall delayed Oneva's ionic soil sampling fieldwork through the entire first year of tenure. Phase-1 orientation sampling yielded 98 off Ionic soil samples from 6 targeted areas. Assay data indicated primary gold at three of these areas and anomalous base metals with elevated (anomalous) REE were recorded across most areas. From follow-up Phase-2 superimposed gridlines across the three above mentioned gold anomaly areas, 238 Ionic soil samples assays returned positive results indicating further anomalous and contiguous gold from a primary source across each grid. An additional annexed target also assayed primary gold signatures. A total of 52 Ionic soil samples registered primary gold response. An independent geological report was produced, drill targets were proposed, however, after considerable effort, Oneva failed to find a JV-financial partner and surrendered the licences.