EL 28838 Annual technical report 3 Bundey River North 6 February 2015 to 5 February 2016

Abstract

A program of regional reconnaissance/ground checking Uranium channel spot highs for secondary uranium mineralization combined with detailed analysis of relevant open file located digital geophysical data was implemented resulting in the reduction of licence area to a total of 6 sub blocks located over cropping/sub cropping highly radiogenic Mt Swan Granite deemed potentially prospective for (1)unconformity-type and (2)intrusive-hosted/vein type uranium mineralization. During 2015 the remaining 6 sub blocks area of cropping out Mount Swan Granite was prospected for showings of vein-hosted secondary uranium mineralisation in conjunction with advanced image processing / modelling of acquired 500m l.s. geophysical survey located digital data further refining existing sub surface AMAG features beneath highly elevated surface areas of Uranium/Thorium channel activity possibly indicative of sulphide-hosted IOCGU mineralisation requiring further investigation.