Group Annual Report GR279-13 ML 23825, ML 24429 and ML 25721, 2 May 2013 to 1 May 2014

Abstract

Mine project development and permitting for the proposed Molyhil tungsten and molybdenum project continued over the year. No exploration work was undertaken on the mining leases. Pending a product off-take agreement and project funding, the Molyhil Mine project will undergo mine construction phase. Exploration activity planned for the mining leases during forthcoming period will comprise pattern bedrock geochemistry drilling to assess identified targets.