Combined Annual Report for the Peko Group, MCC 239, MCC 240, MLC 406, MLC 407, MLC 408 and MLC 409 GR412 1 October 2016 to 30 September 2017

Abstract

This combined report records the exploration work completed on these titles during the period from 01 October 2016 to the 30 September 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 Peko 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.