Chilling Project Combined Annual Report for the period 9 November 2012 to 8 November 2013 ELs 22738, 24557, 25076 and 25077

Abstract

No field-based work was carried out over the period covered by this report. The current financial climate, which has greatly affected the availability of exploration dollars for the junior exploration industry, has had a severe impact on Crossland's ability to raise funds. The funding that has been made available to the company has been principally directed towards pre-feasibility and scoping studies related to the Charley Creek REE Project in Central Australia. Management has been actively searching for Joint Venture partners to take over funding of the Chilling project. To date this has been unsuccessful although several parties have shown some interest.