EL 29830 Calvert Hills Project Final technical report and annual report 4 September 2013 to 4 August 2015

Abstract

The Calvert Hills project covers a large area and situated in a remote location. Exploration is difficult since there is extensive cover masking any buried deposits. Similar sub-surface geology is present to what occurs at Westmoreland Deposits (greater 100 km to the east), however, uranium deposition has not been confirmed at the project and the basin architecture is potentially more complex. The company has decided not to further pursue the uranium targets at the project but has retained a portion of EL 29831 to assess the Vandadium potential and Vanadis. No field data has been collected at the project.