Combined Annual Report for EL 25399 Compass Creek, EL 25436 Mavis, EL 29068 New Waterdrum, 28 February 2018 to 27 February 2019 Compass Creek Project

Abstract

Unfortunately, the MMP drill access negotiations with the landholder (Ban Ban Springs Stn.) dragged on into the early part of the 2018 field season. Then the mandatory 60 days negotiation period required by the Land Access Assessment Panel (LAAP), further delayed the possibility for any significant drill program in the 2018 field season. This delay in access approval, and other mitigating factors, resulted in the decision to delay drilling until 2019. The delay with MMP access negotiations for drilling, meant that other proposed work was also postponed. It is now proposed that drilling on EL 25399 and 25436, and the IP/resistivity survey on EL 29068, will be conducted during the 2019 and/or 2020 field seasons.