Annual Report MLN 1979 period 1 March 2016 to 28 February 2017

Abstract

MLN 1979 is located 22 km southwest of Hayes Creek in the Douglas-Daly region of the Northern Territory. In 1992 Carpentaria Gold produced an indicated and inferred resource of 39,500 tonnes at 4.0 g/t Au, 0.3 g/t Pt and 0.5 g/t Pd at Gold Ridge. This was completed using a polygonal methodology on the previous drilling completed on the deposit. Resolution Investments acquired the prospect from Crocodile Gold in March 2015. Work done on MLN 1979 in the 2016-17 year of tenure was the first accurate topographic survey over the deposit area.