Final surrender report for EL 28169, 27 April 2011 to 30 March 2017

Abstract

Kronos Gold evaluated the historical work done on the mining tenement. Kronos' own field activities comprised of a site visit to the tenement by BMGS Exploration Pty for the purpose of identifying areas of geological anomalism that could have the potential to host an economic mineral deposit. A reconnaissance field mapping and geochemical sampling programme was completed in September 2014 with the purpose of collecting data to assist with the prospectivity assessment. Geochemical data was collected with a portable XRF analyser but is considered as low quality, preliminary data. Based on the results, no further exploration would be required, as no prospective targets were identified.