GR300 Ti Tree Project, Year 1 Annual report for the period 6 June 2012 to 30 November 2013

Abstract

The Ti Tree project tenements - EL 21932 and EL 21933 - are located within the Paleo to Mesoproterozoic rocks of the Aileron Province within the Arunta Region of central Australia. The main commodities targeted within the project include base metals, uranium, REE and orogenic gold. A detailed review of historical exploration and validation of historical exploration data has been the initial focus for exploration during the reporting period. The discovery of high grade copper mineralisation at the Kidman Resources' Home of Bullion Prospect in the northern Aileron Province, north of the project area, has seen a new wave of exploration within the district. It is recommended that the next phase of exploration should include reprocessing and merging of all available aeromagnetic and gravity data and a more thorough review and structural and geological interpretation of these datasets. In addition an attempt should be made to acquire the digital data from the airborne EM survey carried out by NuPower Ltd for reprocessing and interpretation.