Annual Report for ML 30742 Black Cat 18 March 2017 to 17 March 2018

Abstract

ML 30742 was acquired by Giants Reef Exploration Pty Ltd (Giants Reef) to search for Tennant Creek style iron oxide copper-gold deposits (IOCG). Giants Reef is a wholly owned subsidiary of Emmerson Resources Ltd (Emmerson). This combined report records the exploration work completed on these titles during the period from 18 March 2017 to the 17 March 2018. Exploration activity was limited due to exploration focus elsewhere. Future exploration will focus on desktop and field visits to geologically assess a number of Kenex generated targets within the ML 30742 area. These targets exhibited geological prospective rocks and structures but their overall ranking wasn't high enough for exploration to commence immediately. Following the recent exploration success at Mauretania in EL 28761, immediately to the south, and Edna Beryl in MLC 705 these targets will be reassessed and re ranked in 2018 for future exploration.