WIld Horse Hill Project, Pine Creek, NT, Annual Report 29 February 2017 to 28 February 2018

Abstract

Exploration Licence's (EL) 30951 and 30964 form the Wild Horse Hill Project covering 231 SqKm of the established mineralogical terrain of Pine Creek. The project is located approximately 115kms southeast of Darwin and 18km east of Adelaide River and is situated within Mount Ringwood, Bridge Creek, Mount Keppler and Old Mount Bundey Stations. The most extensive exploration activities were carried out in 2008 and 2009 by Salisbury Resources which comprised soil and rock chip sampling over three near contiguous prospect areas, Cook, Reid and Fisher. Geological mapping of topographic features and GPS locating of historic drillholes was also undertaken. The project area has been variously explored by Western Mining Corporation (WMC), Morestoe, Agricola Gold (AGL), Salisbury Resources (SBY) and Woods investments. Previous exploration has been successful with best results from costeaning of 12m at 2.9 g/t Au and 6m at1.25 g/t Au near surface at the under explored Reid prospect.