Annual Report EL 25031, 25033, 25034, 25035, 25041, 25042 25044 from 10 September 2021 to 19 December 2021 and Final Report from 20 December 2013 to 19 December 2021 Barrow Creek Project GR162

Abstract

The relinquished tenements, Exploration Licences 25031, 25033, 25034, 25035, 25041, 25042 and 25044 formed part of Prodigy Gold NL's (Prodigy) Barrow Creek Project which is located approximately 320 km NNW of Alice Springs in the western Arunta region (Figure 1). The Barrow Creek Project includes 22 ELs 8766, 23880, 23883, 23884, 23885, 23886, 25031, 25033, 25034, 25035, 25041, 25042, 25044, 26825, 28515, 29723, 29724, 29725, 29896, 30470, 30507 and 30637. Prodigy (former ABM Resources N.L) acquired the tenements to explore for the potential of gold mineralisation. In the period 20 December 2013 to 19 December 2021 exploration on the relinquished tenements comprised desktop studies, soil sampling and a project wide reprocessing of aeromagnetic data plus a compilation of a project wide basement geology map. In 2014 potential JV partner Clancy Exploration Ltd (ASX: CLY) ('Clancy') reprocessed aero-magnetic data of the Barrow Creek project area and Dr L. C. Vandenberg included the use of the reprocessed data in his 1:100,000 compilation of a project basement geology map. A total of 5 soil samples were collected by an IGO Limited representative at the Waldron Hill prospect on EL 25033 during a reconnaissance trip. The best gold assay value of 4.67ppb was returned from sample BC16. Prodigy reviewed its overall tenement holding at Barrow Creek and concluded to allow the 7 tenements to expire on the 19 December 2021.