Mount Peake Project Annual Report 13 March 2020 to 12 March 2021 EL 30483

Abstract

EL 30483 was granted to Enigma Mining Limited (Enigma) on the 13 March 2015. Enigma is a wholly owned subsidiary of TNG Ltd. The licence forms part of TNG's Mount Peake Project together with EL 27069, EL 27070, EL 27941, EL 29578, EL 31389, EL 31850 and Mining Leases 28341, ML 29855, ML 29856 and ML 30686. It is not part of the group reporting or expenditure project area due to its distance from the other licences. The licence is located at the termination of the planned haul road and the rail siding facility for the proposed Mount Peake mine site. Exploration work was on hold during the 2020-2021 field season due to travel and border restrictions and quarantine regulations imposed during the COVID-19 pandemic. A renewal application was submitted prior to the licence anniversary date in March and the licence has now been renewed through to 12 March 2023.