EL 3350 Annual report for the period ending 19 October 2015

Abstract

EL 3350 on Howard Island, East Arnhem Land was initially granted in October 2014 after traditional owners provided consent for bauxite exploration following a period of punctuated consultation dating back to 1981. Exploration programs aim to test whether bauxite occurrences on the eastern side of Elcho Island, reported by Plumb (1965), have analogies on Howard Island and whether the occurrences are indications of a significant deposit of marketable bauxite. Preliminary geological reconnaissance included the collection and analysis of 5 samples of float, the best of which returned assays of 11.7% available alumina and 16.9% reactive silica. Pervasive cover limits exposure of the underlying laterite and a program of vacuum drilling is planned to better test the laterite thickness and alumina grade across the license.