Annual and final report EL 31558, 1 February 2018 to 4 January 2019

Abstract

This Final Report EL 31558 for the Murphy Creek Tenement - Benmara Project covers work carried out during the period from Grant 1 February 2018 - 4 January 2019 for EL 31558. Exploration activities during the period have involved: Continuation of review of historical and recent collected data; Identification of empirical and conceptual targets; Plan to IPO the project with other NT projects on the ASX during later half of 2018; and Planning of further work. This relinquishment/surrender of EL 31558 does not impact on any of the targets identified by Cedar to date on the greater Benmara Project, and these areas have been retained. The Company decided it is not warranted to retain this area and endure the ongoing rental costs, thus the area has been relinquished.