Carrara Project Combined Annual Report for the period 21st January 2017 to 20th January 2018

Abstract

This document is submitted as a group report (GR329) for EL's 29557, 29560, 29793, 29794, 30665 and 30816 which comprise the Carrara Project. The Carrara project is deemed prospective for shale-hosted massive sulphide deposits (SHMS) containing zinc (Zn), lead (Pb) and silver (Ag). The Project area lies hosts lateral equivalents to the Lawn Hill Platform's Upper McNamara Group members, which hosts the world class Century deposit. Ground was applied for in 2012 and 2015 following a preliminary desktop study by Teck's Zn Generative team. Exploration activities completed during the 21st January 2017 to 20th January 2018 reporting period comprised relogging of the 800m drill hole completed in 2016 testing a prospective sub-basin position proximal to the Little Range Fault and a north-west trending transfer structure. Reinterpretation of basin architecture based on the drill hole and rehabilitation monitoring of the drill site. With Geoscience Australia completing 2D Seismic reflection surveys over the area a decision was made to postpohone further exploration activities until the seismic data could be intergrated with Teck's architecture.