Combined Annual Report Warumpi Project EL 6861, EL 6732, EL 10379 and EL 30306 year ending 10 September 2014

Abstract

Exploration activities for the year ending 11th September 2014 consisted of the following major programs: Completing infill soils and regional lag sampling through EL 6861; Follow-up soil sampling and prospecting through EL 6732 and EL 10379; Completing detail mapping rock chip sampling at Huron Prospect, a newly highlighted Cu-Zn-Ag prospect in central EL 10379 and Numerous desktop studies reviewing assay results from sampling campaigns in order to plan future programs. Exploration work over the Warumpi Project for the year ending 11 September 2014 has reinforced Castile's view of the prospectively of the broader Warumpi Province. Systematic lag sampling and prospecting is considered a potentially effective greenfields exploration method throughout the region. It has highlighted multiple anomalous areas for both base and precious metal anomalism throughout all tenements in the reporting group. Various orientation line conducted over lag anomalies throughout the project has suggested that soils are an effective follow-up method for further constraining base metal mineralisation. However, more analysis has to be done to determine its effectiveness in regards to precious metals. Castile remains focused on continuing systematic exploration in order to develop a greater understanding of geology and economic potential of the Warumpi Province.