Annual Technical Exploration Report - Year 2 Exploration Licence EL 31684 From 11th September 2019 to 10th September 2020

Abstract

This Annual Report outlines exploration activities undertaken by the Operator on EL 31684 from 11th September 2019 to 10th September 2020. This period represents Year two of the License. The Exploration Licence is situated on the Wallhallow (SE5307) 1:250,000 mapsheet, and Lancewood (6163) 1:100,000 topographic mapsheet in the McArthur Region of the Northern Territory. The licence is located approximately 125 kilometres south of the township of Borroloola and is accessed via existing sealed and gravel roads. The planned exploration program for year 2 was not able to be undertaken due to the travel restriction that were put in place due to covid and which made it impractical to access the project area. It is planned to implement this program comprising EM34 surveys and surface loam sampling in year 3 of the tenement.