EL 28336 Inkamulla Year 1 Annual report for the period 4 July 2011 to 3 July 2012

Abstract

Mithril first applied for the ground with a view to explore for Nickel sulphide deposits whilst remaining open minded to opportunities provided by other commodities. Work completed during the reporting period included: Historical data compilation; 53 rock chip samples collected; VTEM Survey - 130 line kilometres of data collected; and IP-Resistivity Survey - 1.05 km line of data collected. Work completed during the reporting period has identified a number of VTEM anomalies requiring ground follow-up. These will be the focus of further work during the next reporting year. Three anomalies have been delineated from the IP survey coincident with elevated gold in grab samples at surface. These anomalies are planned to be drill tested following the receipt of the heritage clearance report.