ML 29938 Annual Report 13 February 2016 to 12 February 2017 Hayes Creek Project - Priscilla Line

Abstract

ML 29938 was granted on 12 February 2012. It consists of 20 ha for a total of 2 sqkm. In 2014, Oz Uranium Pty Ltd, a wholly owned subsidiary of Rockland Resources Pty Ltd, purchased the licence share from Element 92 Pty Ltd (a wholly owned subsidiary of Thundelarra Pty Ltd) along with all other exploration interests in the Hayes Creek area. The Oz Uranium share is 80% and the remaining 20% is owned by Dale Page and Yogi Griesbach. Since purchasing the Hayes Ck project from Thundelarra Pty Ltd (a wholly owned subsidiary of Element 92 Pty Ltd) early in 2014, Rockland Resources has undertaken significant due diligence work, deposit studies and field activities including sampling, drilling and airborne electromagnetics. There has been assessment and compilation of the previous geological, geochemical and geophysical exploration data along with integrated targeting analysis. There has been no on-ground exploration work undertaken within the mining lease area during the reporting period. Alluvial gold mining and exploration is being carried out on several of the mining leases in the area by Mr Dale Page and Yogi Griesbach under separate environment authorisations. Rockland Resources is not in any way associated with these activities.