EL 24253 Neutral Junction Project Ninth Annual Report for the period 7 April 2013 to 6 April 2014

Abstract

Exploration work completed by BML during the 2013-14 reporting period included; collection of 741 soil samples, collection of 33 rock chip samples, completion of geological (outcrop), regolith and flora mapping, submission of 13 rock chips for analysis by ALS Chemex, preliminary testing of 741 soil samples using a Niton XRF, interpretation of analytical results from rock chip and soil samples and collation of mapping datasets (outcrop, regolith and flora). Analysis of soils samples via XRF identified significant anomalous assay results for a number of elements at three target areas however, results should be considered preliminary owing to the adopted testing procedure. Geological mapping identified a surface gossan located to the north of existing target NJR004, with 581ppm copper being identified by assaying of a rock chip sample. Anomalous rock chip samples were also identified at other target areas. An examination of regional geophysical and GSA ASTER datasets identified potential extensions from existing target areas with follow-up sampling, surveying and mapping being proposed during the next reporting period. Re-testing of all current and proposed soil samples according to a validated analysis protocol is also proposed for the next reporting period. BML currently aim to design a first-pass program of drill testing of targets at the Adnera Hill prospect and intends to explore for gold and silver in association with ironstone at target NJR002 (TJ's Find) and for copper, gold and silver in association with ironstone and skarn in an IOCG deposit setting at target NJR004 (Max's Find).