EL 28271 Bald Hill, EL 28340 Bushy Park, Yambah Project Group Report 218 Annual Report for the reporting period 1 October 2016 to 30 September 2017

Abstract

Kentor Minerals (NT) acquired the Yambah Project from Mithril Resources in April 2015. The project lies within the Aileron Province of the Arunta Region. Outcropping basement geology is comprised of the Palaeoproterozoic (1.8-1.7 Ga) Strangways Metamorphic Complex (SMC) and mafic intrusives. Known base-metal occurrences (Cu-Zn-PbAgAu) are stratabound and have largely experienced the same metamorphic history as their host rocks of the SMC. Numerous companies and individuals have explored in the general area covered by the Yambah Project for metamorphosed polymetallic (Cu-Pb-Zn-Ag-Au) massive sulfide deposits. KGL acquired the project because of similarities between the sedimentary packages and mineralisation at the Kentor Minerals (NT) Jervois polymetallic project and Yambah. An extensive literature review and data compilation was conducted to supplement information provided by Mithril during the reporting period and additional geophysical imagery was used to plan and schedule future exploration programs. Further geological investigation of the main prospect areas was undertaken as well as addition regional, office based, image interpretation and mapping exercises.