Group Annual Report for EL 5889, EL 27705, EL 28326, EL 28560, EL 28566, EL 29181, and EL 29182 GR163 Birrindudu Project from 16 November 2013 to 15 November 2014

Abstract

The Birrindudu project comprises currently Exploration Licences 5889, 27705, 28326, 28560, 28566, 29181 and 29182. It is situated approximately 250km east-southeast of Halls Creek, in the northwestern portion of the Tanami Desert (Figure 1). In December 2009, ABM Resources NL (ABM) acquired EL 5888, 5889 and 8809, which formed the original seeding tenements of the project, from Tanami Exploration NL (TENL), a wholly owned subsidiary of Tanami Gold NL (TGNL). The tenements were registered in the name of ABM on the 7th April 2010. In the following years six tenements in the project region were granted to ABM. These tenements were successively added to the GR 163 group reporting. ABM explores the tenements for the potential of gold mineralisation. No on ground exploration was conducted during the reporting period; as ABM focused on the development of its higher ranking Old Pirate High-Grade Gold Project. A data review of EL 29182, in particular the public domain magnetic data review, resulted in a 58% reduction of the tenement area, retaining 45 one minute graticular blocks over an area showing a substantial, approximately 10km in diameter, magnetic anomaly located across the W.A. - N.T border (Plate 2). The review also concluded to conduct a systematic regional scale surface sampling program in the area over the magnetic anomaly.