Annual Report for the period 9 September 2016 to 8 September 2017

Abstract

The Kirkimbie Project consists of four granted Exploration Licenses, EL 30655, EL 30657, EL 30219 and EL 29803. Previous exploration within the area of EL is limited to early reconnaissance work by major mining companies over a period of several years. Regional scale stream sediment, soil and rock chip sampling has been periodically completed since the late 1970's for diamonds and minerals. Daylight Jack Minerals first pass reconnaissance geological mapping and soil /rock chip sampling was completed in August 2010. Target areas for on-ground follow-up were identified from a review of historical exploration data, plus an interpretation of the area based on airborne geophysical survey data. Since 2010 soil/rock chip sampling programs were completed in 2014 to 2017. The soil/rock chip sampling programs were not systematic over the area, but was selective in nature, in order to obtain an indication of mineralisation. This report covers the activities on the tenement and details the outcomes of a soil sampling program completed in July 2017. This year's program was based on target areas determined by previous assay results and focused on a number of di-pole targets selected from airborne magnetic survey modelling (Figure 2). The area has exploration potential for rare-earth-elements (REE), aluminum, copper, cobalt and nickel however the work programmes are contingent on the completion of work and positive indications of mineralisation within the granted area of EL.