Combined Annual Report for GR209 EL 25399 Compass Creek and EL 25436 Mavis 28 February 2020 to 27 February 2021 Compass Creek Project

Abstract

In May 2020, Ismins successfully applied for a Drilling Grant from the NT Government. The drill proposal was for 5 RC/core holes totalling about 1,600m, to be drilled on the most significant anomalies at the Magnetic, Mavis and Mountain areas on EL 25399 & 25436 (see Appendices 1 & 2). The drill program will operate under the existing Mine Management Plan (MMP), and arrangements will be made with the Landholder regarding access arrangements as per the LAAP determination. In early 2020, the Waterdrum tenement (EL 29068) was relinquished. By May/June of 2020 the Covid-19 Pandemic was expanding around the globe, and here in Australia the various State Governments were making local decisions concerning travel and lock-downs. The uncertainty of travel restrictions concerning Covid-19, made it impossible to implement a drilling program at Compass Creek and Mavis in the 2020 field season. Hence the drilling program was postponed until May/June 2021. In 2020, Ismins decided to conduct a heli-borne Lidar survey to provide high quality topographic control (plus-minus1 metre) to aid structural interpretation and in re-evaluating target depths from geophysics and tabulate precise drill hole locations and target depths. This survey was flown between the 14th and 16th of November 2020, by Insitu Pacific Pty Ltd. Below is an image of the Digital Terrane Model (DTM) derived from two stages of raw Lidar processing.