Annual Report on Mineral Tenement EL 27811 for period 13 July 2015 to 12 July 2016 The Winnecke Project (gold-copper)

Abstract

This report provides the updated information on geological exploration activities undertaken by AMI Resources for the period from 13 July 2015 to 12 July 2016, including research and analysis of geological data on EL 27811, and also reports on our fieldworks, sample collections and geochemical test results. This report is compiled by AMI Resources Pty Ltd based on a geological analysis and report prepared by Ross Caughey, a senior geologist from Discovery and Exploration Pty Ltd. Based on the latest geochemical test results of rocks samples delivered by Australian Laboratory Services (ALS), a technical report by Ross Caughey reviews and interprets the geochemical results, analyzes the geological settings and highlights the mineral prospective in this tenement area, and also proposes exploration work and tasks for the next stage. AMI Resources will undertake further exploration activities, mainly for drilling exploration in the Gold Goose area and also pre-drilling target generation by our geologists. A total of 21 rock samples were collected for analysis. The rock samples were mainly collected from the Golden Goose and surrounding areas. It is the historic gold workings (abandoned mine), eastern Winnecke Goldfield. This was the main area for sample collection, with 19 rock samples were collected, mainly from Golden Goose central area, plus 2 rock samples collected from Old Camp-Sliding Rock area. It is the area most quartz veins widely distributed. The geochemical result shows Au grade at 0.5-14.7g/t, at least 5-7 quartz veins can be seen, each 100 - 400m long, 3-10m thickness, local limonite is not strong, pyrite crystals and aggregate distribution in grey quartz veins in the oxidation.