Frances Creek North EL 29564 Annual report 4 March 2013 to 3 March 2014

Abstract

The activities on EL 29564 during the reporting year consisted of the following: An airborne electromagnetic survey was flown over part of the Frances Creek Project area (including part of EL 29564) to assist in mapping the structure of the host stratigraphy of the Frances Creek mineralisation. This survey was flown by GPX Surveys using their proprietary XTEM electromagnetic system during August and September 2013. Hawke Geophysics has been contracted to complete a Geophysical report using both the recent ground gravity and airborne EM datasets. At the time of writing this report, the Geophysical report was not completed. It will be included in the 2014-15 Annual Report for EL 29564. Reconnaissance visits were conducted during the reporting period to the tenement. Iron enrichment was encountered in the Mount Bonnie Formation, Gerowie Tuff, and possibly the Koolpin Formation. A total of eight (8) rock-chip samples were collected.