EL 24196 Bowgan Project Twelfth Annual Report for the period 7 December 2015 to 6 December 2016

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 base-metal mineralisation. Exploration work completed on EL 24196 Creswell Downs by Bowgan Minerals Limited during the reporting period included; the completion of a brief field reconnaissance during August 2016, the examination of archived core samples at the NTGS Core Library in Berrimah, plus a review of historical geology reports to assist with future exploration on EL 24196. Planning work for a proposed first-pass program of exploration drilling is on-going.