Year 1 Annual report EL 30134 Ooratippra Project for reporting period 9 May 2014 to 8 May 2015

Abstract

EL 31034 is part of the CKA Resources Pty Limited's (CKA) Ooratippra Project. The Ooratippra Project covers approximately 1,220 square kilometres straddling the Sandover Highway approximately 300 kilometres northeast of Alice Springs. EL 30134, was granted 9 May 2014 and is 100% owned by CKA Resources. The tenement covers ground that was dropped during compulsory reduction of CKA Resources tenement EL 27526 and subsequently re applied for as EL 30133. Geological review (including interpretation and evaluation of historic sampling) and target prioritization was undertaken across the whole Ooratippra Project during the year. IOCG and diamond Targets within EL 30134 being gravity Anomalies K and O. CKA plans to complete further geophysical analysis including surface ground magnetics of anomalies K and O during year 2 and any subsequent targets will be prioritised for drilling, based on the strength of the results and the success of drilling at CKA's other Ooratippra priority targets which are planned to be drilled during the period.