Annual report for EL 29318 Mount Bundy Project for the period ending 22 October 2014

Abstract

No field work has been undertaken during the past twelve months on EL 29318, and work has been restricted to desktop studies of the geology and compilation of historic data. Reconnaissance trips to the project were undertaken to assess accessibility and project logistics. The tenement forms part of the greater Primary Gold Mount Bundy Project which includes the historic Toms Gully, Rustlers Roost and Quest 29 Mines. Primary Gold has undertaken a successful feasibility study on the Toms Gully Mine and is currently investigating financing options for resumption of mining activities and hopes to use the infrastructure development of this project to realise the potential of nearby regional prospects such as may be found on EL 29318.