Annual Exploration Report GR238 EL 24654, EL 28288, EL 28289 and EL 28290 Redbank Regional Project for the period 1 April 2015 to 31 March 2016

Abstract

The tenements form part of Redbank Copper Limited's, Redbank Copper Project the project is located 300km south east of the township of Borroloola near the northern Territory/Queensland border. The tenements cover a sequence of sediments and volcanics of the Tawallah Formation. The tenements are prospective for breccia pipe hosted copper mineralisation. During the current reporting period work no field work was completed within the combined reporting group tenements. During the reporting period a compilation and review of all historical surface geochemical samples was undertaken. The majority of these samples fall on EL 24654, however some samples also fell on EL 28288, EL 28289 and EL 28290.