Annual technical report EL 30834 Inkamulla Creek Year 1 2016

Abstract

EL 30834 'Inkamalla Creek' is located approximately 85 km northeast of Alice Springs. Access is by the Arltunga Road from the Stuart Highway via The Garden Homestead. Access within the area is by means of station tracks. During the reporting period Spitfire Materials undertook a detailed review of GIS datasets and mineral potential modeling based on epigenetic vein hosted gold systems. Having completed mineral potential modelling for the region around the Yoda Gold Prospect on EL 30834, the company now plans to undertake detailed soil sampling, further geological mapping and rock chip sampling across priority targets. Exploration activities may also include a detailed prospect-scale IP geophysical survey to identify disseminated sulphides associated with gold mineralisation in quartz veins. The interpretation of geophysical results and sample geochemistry will be incorporated with existing datasets for target generation works and the development of drilling proposals for the Project. EL 30834 is held 100 % by Starport Holdings Pty Ltd which is a wholly owned subsidiary of Spitfire Materials Ltd.