Annual report for EL 30708, Montejinni Copper Project 3 September 2015 to 2 September 2016

Abstract

Holdfast Exploration Pty Ltd was engaged by Zero Group Minerals Pty Ltd to use its resources and knowledge of the area to carry out initial field work on EL 30708. The first field trip was conducted in early January 2015. Due to the wet season and an unusual pattern of heavy rainfall access was limited to some parts of the area that was intended for sampling. However, the sampling of the main targets was achieved. Rock chip sample numbers and GPS positions is outlined in Table 3-1. An analytical report of these samples is attached in Appendix 2 of this report. A second field trip was made in late March 2015 using a helicopter to explore more of EL 30708. Rich copper oxide was identified and sampled.