Hells Gate Project EL 26555 Mineral Exploration Annual Report for the period 11 September 2014 to 10 September 2015

Abstract

This annual report covers mineral exploration by Sandfire Resources NL (Sandfire) on the Hells Gate Project on EL 26555 for the period 11th September 2014 to 10th September 2015. Work done during the reporting period includes the assaying of three reverse circulation drill holes sampled during the previous reporting period as part of a 12 hole program completed between 25th October and 4th November 2013. The program was designed to test the structure, thickness and continuity of the mineralised Sherwin Formation oolitic iron oxide horizons within the Hells Gate prospect. Results returned were in line with expectations for samples barren of observed iron mineralisation. Rehabilitation of RC drill pads and access tracks which had commenced during the previous reporting period, was completed. Work included the removal of sample bags, scarification of RC drill pads and tracks and the spreading of vegetation.