Eighth annual and final report for EL 24992 Mamadawerre Project 2 September 2008 to 19 August 2016

Abstract

The Mamadawerre Project is a uranium exploration project consisting of Exploration Licence 24992 (EL 24992) which was granted on the 2nd September 2008 for initial period of 6 years to Cameco Australia Pty Ltd (Cameco). The tenement consists of 105 blocks with a total area of 306.3 km2. EL 24992 was surrendered on 19th August 2016. On the 27th June 2011, Alligator Energy Limited (Alligator), through its wholly owned subsidiary Northern Prospector Pty Ltd (NPPL) entered into a joint venture agreement with Cameco. Under the agreement, NPPL was appointed as the operator. NPPL exited the joint venture on 1st March 2016 and Cameco resumed responsibility as operator. This is the final and annual report for EL 24992 and summarises exploration work conducted on the tenure from 2nd September 2008 to 19th August 2016. No exploration was completed during the 2015 2016 reporting period. Work completed during the period 2nd September 2008 to 19th August 2016 mainly comprised reconnaissance rock chip sampling and geophysical surveys. Anomalous uranium results have been returned from sampling along the Steptoe and Pigeon Faults. Focussed targets have not been identified for drill testing, resulting in the decision to surrender the tenement.