EL 28414 First annual report for the period 17 August 2011 to 16 August 2012

Abstract

There was no on-ground exploration activity carried out by Invesco in the 1st year of tenure. Instead, a thorough desktop review of previous exploration was completed. The consensus of geological opinion is that any new mineral deposit in the Tennant Creek Mineral Field will likely be found under cover (blind deposits) and probably below 150m depth. The Austirex survey flown in 1993 will be reprocessed and interpreted to better define the weak untested magnetic anomalies and hopefully identify additional targets worth testing.