Final report EL 30133 Ooratippra Project for the reporting period 9 May 2015 to 3 March 2016

Abstract

EL 30133 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 30133, was granted 9 June 2014 and was relinquished on 3rd March 2016. It was 100% owned by CKA. The tenement covered ground that was dropped during compulsory reduction of CKA Resources tenement EL 27526 and re applied for as EL 30133. During the time the tenement was held geological review (including interpretation and evaluation of historic sampling) and target prioritization was undertaken. IOCG and diamond Targets identified within EL 30133 included Circular topographic Features CF04, CF31, magnetic anomalies CKA43and CKA85A and gravity Anomaly E. An MMP application document which included one RC hole at CKA43 was submitted on 15 June 2015. CKA planned to drill at CKA43 targeting sub surface potentially diamondiferous kimberlite pipes and associated indicator minerals however due to unforeseen delays in proposed exploration in 2015 the program was not completed and CKA has had to reassess its holdings and will focus its efforts on EL 27526.