Annual report year 7 EL 26206 Mainoru Lead-Zinc Prospect for the period 19 March 2014 to 18 March 2015

Abstract

Although no on-ground activities were undertaken on the lease during the reporting period, substantial progress has been made with modelling and assessing all the geophysical and geochemical data collected to date. The Company considered it prudent to have a detailed understanding of all data collected so far in order to maximise the effectiveness of a future drilling program, and to develop an exploration model that may be applied across the Company's Arnhem Land Project tenements, especially those local and on strike from EL 26206.