Annual report for EL 30051 Arnhem Project reporting period 16 May 2016 to 15 May 2017

Abstract

EL 30051 was granted to Top End Minerals Limited on 16 May 2014 for a period of six years. EL 30051 is in the Arnhem Land region, approximately 370 km southeast of Darwin and 220 km east-north-east by road from Katherine, in the Northern Territory. The tenement covers an area of 303.24 km2 and is located on the Mount Marumba (SD53-06) and Urapunga (SD53-10) 1:250,000 map-sheets and the Mainoru (5670), Marumba (5770), Flying Fox (5669) and Throsby (5769) 1:100,000 map-sheets.The licence area occurs in the northern region of the McArthur Basin of the Northern Territory which is a Mesoproterozoic to Paleoproterozoic age tectonostratigraphic block interpreted to have been formed 1,430 Ma ago in a back-arc setting over a continental shelf basement. There are two known basemetal mineral occurrences on the tenement; The Swamp and Galena Hill. No fieldwork was undertaken on the lease during the reporting period. The company experienced major personnel changes and as a result a major review of work completed is currently being undertaken. No reportable results are available for exploration completed during the reporting period. The project will be reassessed following a review of work completed.