Eighth Annual Report ML 27362 Year 8 period ending 21 April 2018

Abstract

This is the Eight Annual report for the ML 27362. In Year 8, work concentrated on inspection of the site to plan locations of additional sampling. The company continued marketing of phosphate, including overseas and domestic visits to potential buyers, and sending samples to various buyers. The company has not received results of the additional test run by the buyers, however the samples have previously been assayed by the company and these assays were reported in previous annual reports. Desk studies focused on review of historical geochemical data, radiometry and gravity data combined with satellite imaging and aerial photography. Additional work was done on seeking a JV partner to operate the phosphate quarry.