EL 29029 Final exploration report for the period 6 June 2014 to 5 June 2015

Abstract

During the last twelve months, a field geological investigation was carried out in September 2014 by the company geologists with three cheif and senior geologists from China. Mineralisation of uranium has been identified in the area with outcropes of granite at eastern Silver Kings Mine. Unfortunately, these mineralisations are likely associated with hydrothermal fluid activities after intrusion of the granite(s) and scattered in a small scale with irregular shape. It is difficult in exploration and uneconomic. After a further discussion with the share holders and consideration of currently economic slow and difficulty to raise funds currently, the company has surrundered the whole area of EL 29029.