EL 30485 Final report for period ending 16 May 2016

Abstract

The work and expenditure program for EL 30485 during its first year required a geological and geophysical review of existing data and information towards determining the location of any areas prospective for kimberlitic diamonds. It was specifically focused on reviewing data and determining the extent of follow-up sampling and geophysics that would be required to delineate areas of interest. During the initial year, studies have resulted in Melaleuca Resources? final conclusions that the area still requires significant exploration programs to follow-up the historical results before it would be in a position to delineate areas of geophysical interest. Accordingly, Melaleuca Resources has elected to relinquish this tenement in full.