EL 27243 Mallee Bore Year 3 Annual report for the period 6 November 2011 to 5 November 2012

Abstract

During the reporting period the EL (as part of a larger group of tenements owned by Mithril) became subject to a joint venture with MMG Pty Ltd. MMG completed review of historical data during the year to assist in formulating exploration plans. MMG collected orientation geochemical samples on adjacent tenements and these results were assessed and best sampling methods for future work on EL 27243 were determined. An airborne magnetic survey is now planned for May-June of next year with ground follow-up of targets identified planned for soon after.