Annual Technical Exploration Report Year 1 EL 30115 from 30 May 2014 to 29 May 2015

Abstract

This Group Annual Report outlines exploration activities undertaken by the Operators on EL 30115 from 30th May 2014 to 29th May 2015. This period represents Year One of the License. The Exploration Licence is situated on the Urapunga (SE53-03) 1:250,000 mapsheet, and Moroak 1:100,000 topographic mapsheet in the Roper Region of the Northern Territory. It is located around 100 kilometres east of Mataranka and are accessed via existing sealed road. On-ground activities completed during the reporting period included ground reconnaissance, the collection of 1 barrage gravel sample and the undertaking of 25.4 line km of EM-34. A single gem quality diamond weighing 0.155cts was recovered from the barrage sample, and 25.4 line kms of EM-34 was completed. Three anomalous areas were highlighted by the EM-34 survey.