Group Annual Technical Report for EL 31275, EL 31391 and EL 31542 Indiana Project Reporting period 26 April 2017 to 25 April 2018 GR462

Abstract

This annual technical report is for EL 31275, EL 31391 and EL 31542 for the period ending 25 April 2018. The Indiana Project is targeting the potential for sulphide mineralisation within the Riddock Amphibolite and later intrusives gabbros within the Irindina Province. Utilising the Baldrick and Blackadder Prospects that are within the tenement area, and the neighbouring Basil resource held by Mithril Resources, as analogues for ongoing exploration. Additionally, the presence of historic mica mines within pegmatites is an indication of potential for pegmatites to host metals within the tenement. GBE will also explore the pegmatites for tin - tantalum - lithium mineralisation potential. Work completed in the initial year of the combined group was limited to; Data review; GIS, including spatial database compilation, locating and referencing satellite and geophysical imagery, plus conversions between local grids and regional projection systems; and Initial prospecting reconnaissance. Following the comprehensive data review and compilation in Year 1, several targets have been generated for the forthcoming field season targeting Ni-Cu sulphide anomalies that have remained untested from their initial discovery. The potential for Li rich pegmatite is also to be investigated in parallel to the sulphide focussed field activity.