Annual Report EL 28902 Maud Creek Project for period ending 29 March 2014

Abstract

EL 28902 forms the southern portion of Crocodile Gold Australia's Maud Creek Project. During 2014 Crocodile Gold reduced the size of this title from 210 sub-blocks to 105 sub-blocks or from 563km2 to 281km2. The geology of the Project area comprises folded Palaeoproterozoic meta-sedimentary and volcaniclastic sequences. These are unconformably overlain by the Meso- Proterozoic Kombolgie Sandstone, which forms scarps. Flat-lying areas are covered by Cambrian Antrim Plateau basalts and Cambro-Ordovician limestone covers much of southern part of EL 28902. Economically important rock units of the project area comprise greywackes, mudstones and tuffs of the Palaeoproterozoic Tollis Formation. The Maud Dolerite intrudes the Tollis Formation and forms irregular bodies up to 200m in width. The margins of the Maud Dolerite are strongly sheared, with mineralised quartz-filled shear zones. The Tollis Formation hosts the Maud Creek Gold Project on adjacent tenements. Exploration activities for the reporting period included a review of the stream sediment sampling programs, site visits, reviewing of the document review database and project ranking. A couple of site visits were conducted during the year to walk over some of the surface geochemical anomalies as noted in the stream sediment sampling review. Reporting and reviewing the title for reduction was also conducted during the reporting period. During the next reporting period, Crocodile Gold will continue to review all new historical documents related to this area and use these for prospectivity analysis. Additional sampling will be required in and around the anomalous areas identified during the past reporting period.