EL 30207 High Black Range Annual report for period 20 August 2014 to 19 August 2015

Abstract

Exploration Licence 30207, was granted to Enigma Mining Limited (Enigma) on 20/08/2014. Enigma is a wholly owned subsidiary of TNG Ltd. The licence forms part of the High Black Range Project along with EL 30208. EL 30207 is located approximately 150 km ESE of Katherine via the Stuart and Roper Highways, and then on station tracks to the licence area. The licence falls in the southeastern portion of the Katherine (SD53-09) and Urapunga (SD53-10) 1:250,000 mapsheets. Enigma applied for the licences to undertake exploration for iron ore within the Sherwin Formation. During year 1 of tenure a summary of the existing knowledge of the Sherwin Formation was prepared and a helicopter assisted reconnaissance trip was undertaken to enhance the knowledge of the area.