Annual report for EL 28169 period ending 26 April 2016

Abstract

During this reporting period, Kronos completed a review of existing data of the permit area and the surrounding basins to understand the extent of mineralisation within the application area. Target locations within the intrusive areas have been determined from the review. Kronos will continue its data compilation, geological mapping and determine sampling and drilling methods to further evaluate the permit area in the fifth year of the permit. Kronos spent most of the term compiling cadastral data, gathering geophysical and geological data, preparing maps and analysing previous data. The work done in respect of the tenement includes review of aerial maps, preparation of geological maps in addition to a review of cultural heritage, cadastral and native flora data.