McArthur Project Second Group Annual Report GR367 EL 27711 - 9 July 2015 to 8 July 2016 EL 30085 - 9 July 2015 to 8 July 2016

Abstract

The McArthur River Project is operated by Enigma Mining Limited (Enigma), a wholly owned subsidiary of TNG Ltd. The project comprises two exploration licences, EL 27711 and EL 30085, which lie in the McArthur Basin and in the southwestern portion of the Batten Fault Zone. EL 27711 was granted on 9 July 2010 and EL 30085 on 11 April 2014. Group reporting was approved in May 2015 (GR367) with a reporting period of 9 July to 8 July. This is the second group report to be submitted. Rehabilitation was completed across the previous drill sites and access tracks along with a pXRF soil sampling programme in the north-western part of EL 27711, through the prospective Wollogorang Formation stratigraphy. Samples were sent to ALS to confirm pXRF results and the extent of the prospective stratigraphy was extended to 25km.