ML 27228 Annual Report for the period 26 September 2012 to 25 September 2013

Abstract

This report details exploration activity conducted by Territory Iron Pty Ltd (TIPL) within tenement ML 27228 during the year ending 25 September 2013. A total of 0.6 line kilometres consisting of 30 gravity stations took place within tenement. This was part of a significant ground gravity geophysical survey programme at the Frances Creek Mine operation (that also included the northern area of the Frances Creek Project). The 2013 ground gravity survey was extensive (over 10,000 survey stations collected), and the data is in the process of being passed onto the consultant, Hawke Geophysics Pty Ltd for analysis and interpretation. The Geophysics Report for the Frances Creek Project (which will also include recent Airborne EM flown over part of the area outside of ML 27228) is therefore not complete and will be included in the 2013-2014 Annual report.