Annual Technical Report EL 29389 Mount George for the reporting period 13 September 2013 to 12 September 2014

Abstract

EL 29389 'Mt George' is located approximately 140 km northeast of Alice Springs. Access into the area is reasonable, via the Ross Highway, through the Arltunga Historical Reserve to Ambalindum Station, past Claraville Homestead and then by station tracks. During the reporting period Core Exploration completed a review of the past exploration covering EL 29389 with an assessment of the current mineralisation models applicable for the tenements geological setting. EL 29389 covers the contact between the Neoproterozoic Irindina Province and the southwestern corner of the Entia Dome in the Aileron Province. Recent exploration successes within the Irindina Province have focused on the Cu - Ni Co potential within the Riddock Amphibolite as well as in post Cambrian undeformed ultramafic intrusives (Lloyd Gabbro) which intrude into the Irindina Province. Core believes the Irindina Province Cu- Ni Co mineralisation models to be encouraging and decided to explore for this style within EL 29389. Core undertook active exploration on EL 29389 in the form of reconnaissance fieldwork on the southern end of the tenement. Core collected two rock chip samples from the southern end of EL 29389 in a micaceous schist with biotite and garnet porphyroblasts with malachite azurite in veins and staining. The local outcrop appears to have been shallowly drilled tested by past explorers but no past drilling is recorded in publically available datasets. The highest copper grade identified in the two rock chip samples was 1.04% Cu.