Kovacs Prospect Annual and Final Report MLC 647 01 January 2019 to 31 December 2020

Abstract

Kovacs Prospect MLC 647 was held by Todd River Metals Pty Ltd (a wholly owned subsidiary of Todd River Resources Ltd). It is located 73km south of Tennant Creek Township and lies within the Warramunga project area, wholly within Mungkarta Aboriginal Land Trust formerly known as McLaren Creek Station and surrounded by (the now withdrawn application) ELA 25582. The Lease surrounds a small pit of exposed mineralised sulfidic chert/siltstone which assays up to 10.8grams per tonne of gold. Previous bedrock geochemistry sampling has delineated a strong arsenic anomaly originating from MLC 647 and trending away to the southeast for about 400 metres. Access to the licence has been an ongoing problem for many years and as such the licence has not been renewed and expired on 31 December 2020.