EL 23591 and EL 24951 Fourth annual report for Muckaty for the year ended 2 May 2015

Abstract

264 surface samples were taken over four programmes during the year. The results of the first two programmes were inconclusive and the final programme commenced in April in EL 24951 saw enough anomalism to warrant a second pass to infill over the area. 40 RC drillholes (MURC0001-0040) were completed for 1033m. The average depth of the holes was 25m. 165 samples were sent for assay to the Bootu Creek Mine. The best result came from Hole MURC0003. Unfortunately these results were not pervasive. MURC0003 - 1635 2-3m 22.2 percent Mn and 3.43 percent Fe 1638 5-6m 21.7 percent Mn and 11.3 percent Fe 2015-2016 should see a review of previous data to assess the Exploration Licences potential and further soil sampling over areas not targeted previously and low level anomalies