Year 4 Reduction Report Exploration Licence EL 31629 For the reporting period 26th October 2018 to 25th October 2022

Abstract

EL 31629 is part of Treasure Creeks new Tennant Creek tenement package and is part of an overall exploration strategy targeting iron oxide copper gold mineralisation in the region. At the end of year 4 160 blocks were retained. This report covers exploration activities on the Year 4 relinquished ground for the duration it was held. The company has undertaken significant historical, geological and geophysical data review all the tenements in this area with over 100 historical reports downloaded but work is ongoing. No exploration was done on the relinquished ground during the period it was held. The ground is interpreted to be over granitic rocks and not of high potential for our current IOCG exploration strategy.