Mount Hardy Project Annual and Surrender Report 1 March 2012 to 28 February 2022 EL 28694

Abstract

Exploration Licence 28694 is part of Todd River Metals Pty Ltd's Mount Hardy Project area. The tenement is situated near the Mt Hardy Copper Field where known copper mineralisation exists within the highly prospective Lander Group. EL 28694 which was purchased from Tierra Rica Pty Ltd in February 2013. EL 28694 was granted to Tierra Rica Pty Ltd on 1 March 2012 and the transfer to Enigma Mining Ltd (a wholly owned subsidiary of TNG Ltd) was completed on 1 March 2013. EL 28694 and the other Mount Hardy Project licences formed part of the demerger of base metal assets from TNG Ltd to Todd River Resources Limited which took place in April 2017. The licence has been reduced three times and renewed twice during its tenure. A HELITEM was completed across the Mt Hardy project area in 202 and one target was identified on the northern boundary of EL 28694 (along the southern boundary of EL 27892). Three lines (N-S) of IP were completed across the target in 2014. In addition pXRF sampling was undertaken across three areas of interest with 441 samples taken. The highest copper result was returned from Area 1 at 202 ppm; the highest lead was returned from Area 3 and the highest zinc (161 ppm) was returned from Area 1. No additional exploration has been carried out and the licence was relinquished on 28 Feb 2022.