Sixth Annual Technical Report Mineral Lease ML 27422 for the period 22 December 2016 to 21 December 2017

Abstract

This is the sixth annual report for ML 27422 that covers the activities for the reporting period from 22 December 2016 to 21 December 2017. The plant was shut down in July 2013 after poor results were achieved in the processing facility to allow the re-design of all processing flows including water and slurry. The entire plant remained on a 'Care and Maintenance' status until Receivers and Managers were appointed over the Company in July 2014 and extending till recommissioning efforts began in May 2016 when AIR was under new Management. In the period from May 2016 to December 2016 the plant on adjoin lease ML 29042 was returned to production ready state. It was re-commissioned in 2017 and mining was reinitiated in ML 27422. No exploration activities were conducted during the reporting period.