Annual report on EL 29002 for the period 16 May 2013 to 15 May 2014

Abstract

During the reporting period, an appraisal geological, geochemical and geophysical data was conducted. It involved retrieval of exploration data from open file reports which led to processing and interpretation of data. In addition, a field trip was undertaken for ground-truthing. Appraisal of geological, geochemical and geophysical data shows that EL 29002 has significant mineral potential for gold and uranium mineralisation. Although, much of the project is covered by a thick recent alluvial cover, but TMI image of the project area has revealed some deep-seated structures along with subtle magnetic highs, which are considered important exploration targets for gold mineralisation. It is recommended that sub-surface soil sampling should be undertaken with the help of air core or RAB drilling. These samples will be assayed for gold, base metal and uranium mineralisation