Mount Hardy Project Partial surrender report 1 March 2012 to 28 February 2016 EL 28694

Abstract

EL 28694 is part of Enigma Mining Limited?s Mount Hardy Project area. The tenement is situated near the Mount Hardy Copper Field where known copper mineralisation exists within the highly prospective Lander Group. The Mount Hardy Project includes EL 27892 which purchased from Walla Mines in July 2012, EL 29219 which was granted on 17 September 2012 and the third licence, EL 28694 which was purchased from Tierra Rica Pty Ltd in February 2013. EL 28694 was granted to Tierra Rica Pty Ltd on 1 March 2012 and the transfer to Enigma Mining Ltd was completed on 1 March 2013. A partial reduction of EL 28694, from 64 to 32 blocks was completed prior to its fourth anniversary and all areas of interest have been retained for further work. Very little targeted exploration has been carried out within the boundaries of EL 28694. Tierra Rica provided a brief summary to Enigma of exploration within the region and this was used in the compilation of the previous exploration section of this report. Enigma has reviewed all previous exploration and identified specific target areas for detailed exploration. Relinquished blocks have been chosen outside of these target areas.