Annual and Final Report for EL 26185 Gum Ridge for the period 15 January 2008 to 19 March 2013

Abstract

Minemakers drilled two RC holes in 2010 and another six RC holes in 2012 for a total of 538 metres of drilling. A total of 151 samples were submitted for analysis. Although the holes were fairly widely-spaced (=2000m), every hole had phosphate mineralisation present indicating a potentially extensive and significant mineralisation at 40-60 metres depth. Best results were WNRC1526 with 19m @ 13.6% P2O5 from 38m, WNRC1753 with 16m @ 15.9% P2O5 from 44m and WNRC1754 with 10m @ 18.6% P2O5 from 51m. The tenement was surrendered on 19 March 2013 in order to be amalgamated with other Minemakers tenements into EL 29840. Exploration will continue on the new tenement.