Annual Technical Report Juno Project MLC 45, 46, 47, 68, 154, 155, 578, 579, 652 and MCC 284 report period 1 January 2015 to 31 December 2015

Abstract

During the 2015 reporting period Exculibur Mining completed a structural review of the Juno project area utilising the Atlas Geophysics gravity survey data collected in 2014. The review formed part of a larger regional review utilising open source regional geophysical and mapping data. Interpretation of the project identified new target areas along strike of the Juno deposit as well as down dip extensions to the Juno deposit near the M10 anomaly. Due to the difficult financial situation during the reporting period, no on ground activities were completed. The company is currently assessing investment options that best suits the company and its shareholders.