Annual Technical Report EL 29669 Jervois, Year One, 22 April 2013 to 21 April 2014

Abstract

EL 29669 Jervois comprising forty-seven (47) graticular blocks is located approximately 250 km east north-east of Alice Springs in Central Australia. The licence area is dominated by parts of the Aileron and Irindina Provinces and the Georgina Basin. The basement in the area consists of sedimentary and igneous rocks of the Aileron Province of Palaeoproterozoic age (1865-1500Ma). The rocks have been metamorphosed to upper greenschist to lower amphibolites facies during the Strangways Orogeny (1740-1690 Ma). During the first year of tenure, Core Exploration undertook a thorough review and compilation of historical exploration data and an assessment of applicable mineralisation models. A second year program of targeted rock chip sampling and mapping to identify Jervois style mineralisation, prospect-scale EM and or IP geophysical surveys to identify subsurface mineralisation, followed by detail inversions and modelling to generate drill targets is planned. RC drilling of defined targets will follow.