Fifth Annual Technical Report Mineral Lease ML 27422 for the period 22 December 2015 to 21 December 2016

Abstract

This is the fifth annual report for ML 27422 that covers the activities for the reporting period from 22 December 2015 to 21 December 2016. The plant was shut down in July 2013 after poor results were achieved in the processing facility to allow the re-design of all processing flows including water and slurry. The entire plant remained on a 'Care and Maintenance' status until Receivers and Managers were appointed over the Company in July 2014 and extending till recommissioning efforts began in May 2016 when AIR was under new Management. No mining has been conducted during this or the previous reporting periods with minimal exploration work being carried out.