Combined Annual Report for the Orlando Group GR411 ML 29917, ML 29919, ML 30714 and ML 30745, 1 September 2015 to 31 August 2016

Abstract

The titles of the Orlando Group were acquired by Giants Reef Exploration Pty Ltd (Giants Reef) and Santexco Pty Ltd (Santexco) to search for Tennant Creek style iron oxide copper-gold deposits (IOCG). Giants Reef and Santexco are wholly owned subsidiaries of Emmerson Resources Ltd (Emmerson). Exploration activity conducted was limited due to exploration focus elsewhere. Emmerson conducted a number of field visits to geologically assess a number of Kenex generated targets within the Orlando Group area, these targets exhibited geological prospective rocks and structures with their overall rankings of Pprb's between 0.68685 and 0.9999316 which was ranked high enough to warrant the immediate commencement of exploration activities. 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 Orlando Group.