Annual report on the Kirkimbie Diamond Project EL 30656, 9 September 2015 to 8 September 2016

Abstract

The Kirkimbie project comprises of five (5) granted exploration licenses being EL 30655, EL 30656, EL 30657, EL 30219 and EL 29803. The tenements encompass parts of the Kalkarindji Province and lie within the 1:250 km BIRRINDUDU and LIMBUNYA map sheets and the Napier, Inverway and Birrindudu 1:100 km map sheets. The Buntine Highway intersects the tenements. The area has been the subject of extensive exploration by major mining companies over a period of several years. Regional scale stream sediment, soil and rock chip sampling has been periodically completed since the late 1970's for diamonds and minerals. Daylight Jack Minerals first pass reconnaissance geological mapping, soil and rock chip sampling was completed in August 2010. Target areas for on-ground follow-up were identified from a review of historical exploration data, plus an interpretation of the area based on airborne geophysical survey data. The rock chip sampling program was not systematic over the area, but was selective in nature, in order to obtain an indication of mineralisation. This report details the outcomes of rock chip sampling programme completed in June 2016. This programme focused on a number of di-pole targets selected from airborne magnetic survey modelling. The results of the rock chip sampling show very low values to make any substantial observations. There is a weak variability across the whole area, which could reflect natural variation or indicate an anomaly. The results to date reinforce the significant exploration potential of EL 30656.