Third and final technical report EL 29280 Woolgathering for the period 13 August 2012 to 12 August 2015

Abstract

During the life of EL 28280 Core Exploration completed a comprehensive review of historical exploration data, focusing on the northwest corner of the tenement's potential to host extensions of the exploration model which hosts the Copper Queen Prospect on Core's neighbouring tenement EL 29689. Both the Copper Queen and Oonagalibi Prospects are hosted within the Aileron Province, within geological units that extend into EL 29280. Core has completed extensive exploration activities at the Copper Queen Prospect, including reviews of the surrounding geology, which includes the northwest corner of EL 29280. Following a disappointing drilling program in the Copper Royals area on EL 29689 adjacent to the northwest corner of EL 29280 in late 2014 and as part of a rationalization of the company's tenure holding in the Albarta region it was decided to surrender EL 29280.