Annual report on EL 25794 from 11 June 2014 to 10 June 2015

Abstract

During the year under review, a drilling program was undertaken to test the REE mineralisation below surface with in Quaternary alluvial cover. In December 2014, a total of 29 AC holes for 555 m were drilled. From each meter interval, sandy loam and geological material samples were retrieved for assaying. To date, only 25 drill samples have been assayed. Drilling samples assayed to date have not met the expectation as shown by soil survey program. A cursory examination of the assay data shows that REE concentrations are low. It may be noted that samples assayed mainly belongs to upper horizon of the stratigraphic pile and have been collected from shallow drill holes. It is believed that REE mineralisation is confined to thick Quaternary sedimentary pile, where mineralisation occurs in the lower part. Drilling undertaken to date also shows that northern part of the tenement has thicker stratigraphic pile and it thins out towards south. Therefore, it is recommended that drilling should concentrate on the northern part of the project area and samples retrieved from the lower part of the drill holes should be assayed for REE mineralisation.