Annual and Final Technical Exploration Report Exploration Licence EL 31941 from 21st February 2019 to 22nd February 2021

Abstract

This Annual and Final Report outlines exploration activities undertaken by the Operator on Exploration Licence EL 31941 from 21st February 2019 to 22th February 2021. This period represents Years one and two of the License. The Exploration Licence is situated on the Mount Marumba (E53_06) 1:250,000 mapsheet, and Marumba (5770) 1:100,000 topographic mapsheet in the Arnhem Land Region of the Northern Territory. The licence is located approximately 190 kilometres east northeast of the township of Katherine and is accessed via existing sealed and gravel roads.On-ground activities completed during the year one reporting period was limited to general geological and access reconnaissance. No on ground exploration was conducted during year2 of the tenure. Expenditure for the year two reporting period is $4,400 with the covenant being $90,000.