Annual Technical Report for MLN 893 and MLN 894 Great Northern GR423 for the period 1 January 2015 to 31 December 2015

Abstract

MLN's 893 and 894 were granted on 24 April 2001 and expire on 31 December 2020. The tenements are currently held by Glen Teece and Monax signed an Option to Purchase Agreement in October 2015. The two tenements total 18 ha. The area is situated within the Pine Creek Orogen region, which is highly prospective for gold mineralisation. The area has long been a target for exploration and North Queensland Mining believe the area is highly prospective for an economic gold deposit. Three field trips to the licence were undertaken during the reporting period. General prospecting and mapping was conducted on the licences while in the field.