Annual and final technical report EL 25397 Calvert Project for period ending 2 February 2015

Abstract

EL 25397 has the potential for a wide range of mineralisation styles. Several NW-trending faults exist in the area, which appear to be associated with the regional 'Calvert Fault Trend', thought to be active from the Paleoproterozoic to the Phanerozoic. Moreover Carpentaria Minerals have also mapped a series of basin growth and transform faults in the region, thought to have formed during extensional phases of basin development. Mapping and exploration in EL 25397 have identified a number of circular topographical and aerial photo features ranging in diameter from 20m to 500m, some of which occur at the intersection of these growth and transform faults. These circular features are interpreted as the surface expression of a series of breccia pipes, such as those that host mineralisation at the nearby copper mine at Redbank. Carpentaria thinks that they represent excellent base metal targets and they remain untested.