Amalgamated annual exploration report GR042 EL 25222, EL 25229, EL 28970, EL 29026 and EL 29242 for period ending 8 November 2013

Abstract

The project area is approximately 140 km due south of Darwin and consists of 5 tenements: EL 25222, EL 25229, EL 28970, EL 29026 and EL 29242. During Year 7 exploration was undertaken on EL 25222 of the Daly River Group. During the previous reporting year (Year 6) 5 diamond holes were completed for metallurgical sampling at the Stromberg Prospect (EL 25222) and in the current reporting period (Year 7), the core was logged and rare earth and mutli-element analysis was undertaken. A total of 44 samples were assayed. Surface geochemical soil samples were taken over the Knightfall Prospect (EL 28970) to test the areas rare earth element potential. A total of 171 soil samples were taken. Rehabilitation work was undertaken at the Stromberg (EL 25222), Quantum and Wildcard (EL 25229) Prospects. Further exploration will continue at the Knightfall Prospect to test the projects rare earth element potential by continuing soil geochemistry sampling over the prospect to better define the areas HREE potential. Further rehabilitation work is planned for the Stromberg Prospect.