EL 28528 Annual Report for the period 7 December 2015 to 6 December 2016

Abstract

This report describes exploration activities conducted over EL 28528 during 7 December 2015 to 6 December 2016. EL 28528 is a part of the Legend International Holdings (Legend) Abner project. During the reporting period, Legend was involved in legal proceedings and was unable to complete proposed exploration program on the Licence. Legend intends to complete this proposed exploration program during the next reporting period. It includes collection and processing of stream gravel samples for diamond exploration in areas where sample density is insufficient to assess the prospectivity of the tenement. The spatial distribution of historical and company's own positive results and topography of the area suggests that chromites in positive samples are unlikely to be associated with the known Abner pipe and potentially sourced from undiscovered kimberlites in the project area.