Final report on the reduced part of EL 27965, 25 October 2010 to 24 October 2013

Abstract

Fieldwork was undertaken in this licensed area by AMI Resources Pty Ltd in the 2012-13 reporting year. There were 71 rock-chip samples and 4 soil samples were collected in the licensed area during filed work. These samples were collected from the retained part of this exploration licence, and none of them were within the surrendered area. Based on the geological review and field prospecting, we believe that we should optimise our exploration activities by allocating fund to the core part of the licensed area, and to surrender the periphery area, which has not yet shown commercial value to do further exploration work at the current stage.