Combined Annual Report for the Eldorado Group MCC's 9 and 203 and MLC's 15, 16, 50, 51, 498, 499, 500 - 505, 518, 523, 528, 529, 535, 546, 581 - 583, 644 and 683 1 April 2015 to 1 March 2016

Abstract

This combined report records the exploration work completed on these titles during the period from 1 April 2015 to the 31 March 2016. Emmerson conducted a number of field visits to geologically assess a number of Kenex generated targets within the Eldorado Group area, these targets exhibited geological prospective rocks and structures with their overall rankings of Pprb's between 0.2909278261 and 0.9999966337 generating a number of high priority targets requiring follow-up. Further to this, the success of the application of the 'Archimedes' technology which has the aim of defining the existence of ironstones at depth, whether magnetite or hematite and a more accurate representation of the position of such an ironstone in 3D space, may have large implications for targeting techniques in the entire Tennant Creek Mineral Field, but more specifically the Eldorado Group.