GR223/11 EL 26529 and EL 26708 Davenport Project Annual group report for the period 14 July 2015 to 13 July 2016

Abstract

This report detailed exploration activities performed by Kettle Rose Pty Ltd (Kettle Rose) on Licences EL 26529 and EL 26708 (Davenport Project) for the year ended 13 July 2016. After acquiring EL 26529 and EL 26708, Kettle Rose has been actively exploring both tenements. During the current reporting period no field based exploration activity was conducted on the Project. Kettle Rose, however, once again reassessed the mineral potential of EL 26529 and EL 26708 by re-evaluating the open file geological and geophysical data and company's own acquired exploration results in light of current understanding of genesis of Proterozoic IOCG mineralisation in the Tennant Region. Exploration target within the tenement is copper-gold mineralisation hosted by ironstone bodies similar to the one that occurs at the Rover Field.