EL 24196 Bowgan Project Fourteenth Annual Report for the period 7 December 2017 to 6 December 2018

Abstract

The Bowgan project is located in the Barkly Tablelands region of Northern Territory, approximately 250 km northeast of the regional centre of Tennant Creek. The project consists of five licences in total; EL 24196 (Creswell Downs), as well as four contiguous exploration licences; EL 24115 (Bowgan), EL 24195 (Benmara), EL 29802 (Benmara East) and EL 30281 (Coanjula) located approximately 100 km further east and reported on separately. Exploration at the Bowgan project is currently targeting the potential occurrence of economic uranium, gold and basemetal mineralisation. No programs of field exploration were conducted on EL 24196 during the reporting period. Other office-based exploration work completed during the reporting period included; a formal conference presentation detailing previous biogeochemical sampling on EL 24196 and other tenements, design of a new Mining Management Plan in preparation for new authorisation and interpretation of geophysical, geochemical and geological datasets in preparation for a program of first-pass exploration drilling on EL 24196. Planning work for a proposed first-pass program of exploration drilling is on-going.