Annual Report for EL 25120 Hayes Creek Project for period 19 September 2015 to 18 September 2016

Abstract

EL 25120 is located about 9 km east of Hayes Creek, Northern Territory. During the reporting period there has been an integrated targeting exercise utilising the previous geological, geochemical and geophysical exploration data. There have not been any field activities undertaken during the reporting period. The geochemistry neural network analysis has not led to any new targets in the current licence. Since purchasing the Hayes Creek Project from Thundelarra in 2014, Rockland Resources has undertaken significant integrated targeting analysis. This work has involved assessment and compilation of the previous geological, geochemical and geophysical exploration data. The work is based partially on new understanding and scientific studies of the Thunderball Deposit.