Final report on EL 25794 11 June 2016 to 1 August 2017

Abstract

Considering the challenging market conditions, Legend International Investments Pty Limited conducted a review of the data and mineral potential of the EL 25794. Drilling conducted to date did not provide encouraging results. Apart from intensive negotiations with one of the landlords, who held the eastern part of the tenement area, company could not gain access to almost 70% of the tenement area. Limited success obtained from geochemical survey and drilling program did not justify to conduct any further exploration program. During the reporting period, rehabilitation activities were conducted which included cleaning drill sites, filling drillholes and other rehabilitation activities.