Second and final annual report EL 29688 Riddock for the period 19 July 2013 to 28 July 2015

Abstract

During the reporting period Core continued to assess the results of the mapping and rock chip sampling undertaken during the previous reporting period of the Pb-Ag soil anomalism. Core believes that the soil anomaly extends over both locally transported sediments and outcropping geology. Whilst the rock chip sampling identified calc-silicates with elevated Pb it is unclear if these units are solely responsible for the soil Pb and Ag anomalism, although no mineralized veins or regional alteration assemblages were identified during the mapping. No active exploration was undertaken on EL 29688 during the second and final year of tenure. Following a comprehensive review and prospectivity analysis Core has decided to surrender this licence.