Group Annual Report for Central Batten GR478 EL 31426, EL 31596, EL 31597, EL 31687 and EL 30868 reporting period 1 January 2018 to 31 December 2018

Abstract

Between 24 March 2016 and 28 November 2018, MMG was granted 6 exploration tenements in the McArthur Basin. These have been combined as the Central Batten Group Reporting area (GR478). Initial exploration activities on these tenements consisted primarily of desktop studies. In 2017 MMG engaged an external consultant to assist in the generation of a number of targets in alternative stratigraphic positions outside of the conventional Barney Creek Formation target horizon. In June 2018 field reconnaissance and mapping was completed on EL 31687 that identified fine grained lithologies within the Balbirini Dolomite. An extensive soil sampling program (80 samples) to test for anomalism within the Balbirini Dolomite was conducted in July/August 2018. The highest Zn assay obtained in a soil sample was 73 ppm. Two diamond drillholes and one IP line were designed on the EL 31687 but due to delays in permitting no ground disturbing works were conducted in 2018.