ML 30182 Jervois Project Annual Report for the reporting period 26 March 2016 to 25 March 2017

Abstract

There was extensive mineral exploration undertaken within ML 30182, during the reporting period. The work undertaken on ML 30182 has been reported in EL 25429 - Jervois Project Annual Report for the reporting period 2 February 2016 to 1 February 2017. A total of 30 holes were drilled on ML 30182 for 6,574.82 metres. The drill hole program can be summarised as; 8 RC drill holes for a total of 642.2 metres. 12 RC pre-collared holes with diamond tails for 5,873.27 metres. 10 Diamond drill holes for 59.35 metres. It is anticipated that no production activities will be undertaken within ML 30182 within the next reporting period. Unless our situation changes, in the next few years all exploration and development activities, that occur on ML 30182, will be associated with activities undertaken on EL 25429.