Annual Report EL 22349 Mount Sainthill 17 May 2016 to 16 May 2017

Abstract

This annual exploration report covers EL 22349 for the period 17 May 2016 to 16 May 2017. EL 22349 comprises 72 graticule blocks and includes ML 23825, over the Molyhil tungsten, molybdenum deposit. Further tungsten resources are being sought to supplement a proposed mining and treatment operation at Molyhil. Prospective geological settings are likely to exist blanketed under transported cover in the vicinity of the deposit. A bedrock geochemistry drill program was undertaken in late August 2016. The program comprised 65 short holes up to 18m in depth, drilled to sample bedrock beneath shallow alluvium in five target areas. The targets were selected principally on the basis of elevated magnetic signature depicted in Figure 5 by the warmer colours. Program success will be achieved if any one, or more, of the many characteristics of the Molyhil deposit are intersected thus substantiating the magnetic targeting and vectoring follow up evaluation efforts. The program commenced with air-core drilling but reverted to RAB (rotary air blast) after 31 holes due to difficulty penetrating to bedrock with aircore. While RAB drilling has a greater chance of sample contamination than aircore, this was deemed acceptable due to the reconnaissance nature of the program and the superior penetration of the underlying bedrock. None of the sample analyses will be used for resource estimation.