Combined Annual Technical Report MA 389 and EL 10137 for the period 25 February 2015 to 24 February 2016

Abstract

This report describes exploration activities conducted on Frances Creek tenements MA 389 and EL 10137 by operator Territory Iron Pty Ltd from the 25th February 2015 to 24th February 2016. Exploration activity within EL 10137 and MA 389 for the reporting year involved rehabilitation of earlier drill sites, field visits by geological personnel, desktop studies and evaluation of earlier acquired data. The completion of the remediation of drill sites is planned for the forthcoming year.