EL 26527 Final surrender report 18 April 2012 to 23 July 2014

Abstract

Exploration for the period of 18 April to 2012 to 23 July 2014 included detailed heritage surveys over the western portion of the ground followed by regional 1km x 1 km lag sampling and prospecting. Detailed analysis of geochemistry of regional lag programs in the western portion returned discouraging results, with no anomalous regional highlight. Field observation stated that the region consisted of significant amounts of transported material increasing to the east. As a result the eastern portion, which is located in the Amadeus Basin, was not believed to be prospective for economic mineralisation and not heritage surveyed; therefore no on ground work was completed in the east. Subsequently Castile Resources have opted to surrender this tenement.