Combined Annual Report for the Mt Samuel Group 1 GR408 MCC 174, MCC 287 and MCC 288 1 August 2016 to 31 July 2017

Abstract

The titles of the Mt Samuel Group 1 were acquired by Mr. John Love (John Love) to search for Tennant Creek style iron oxide copper-gold deposits (IOCG). Emmerson Resources Ltd (Emmerson) also acts as agent for the estate of Mr. John Love. This combined report records the exploration work completed on these titles during the period from 01 August 2016 to the 31 July 2017. Exploration activity was limited due to exploration focus elsewhere namely at Edna Beryl and Retsina in Emmerson's Northern Project Area (NPA). Work proposed and yet to commence will be the continuation of assessment of the Kenex generated targets within the Mt Samuel Group area. These targets exhibited geological prospective rocks and structures but their overall ranking wasn't high enough for exploration to commence immediately. Following the recent exploration success at Mauretania in EL 28761 and Edna Beryl in MLC 705 these targets will be reassessed and re ranked in 2017 for future exploration.