Amalgamated annual exploration report GR284 EL 25027, EL 26777, EL 27282, EL 27349, EL 27747 for period ending 10 March 2016, Acacia Frazers Group Project NT

Abstract

Structural re-organisation of Acacia Minerals Pty Ltd occurred in 2015 intended to re-invigorate equity financing of the entity and the Change of Management and Technical Staff anticipated to advance exploration on the GR294-13 Group. The new team has integrated existing datasets on the project and is generating its own conceptual targets with plans for initial field reconnaissance activities in 2016-17. No field based exploration during the reporting period, has been conducted on the project.