Tabletop Project EL 31356 Annual Report for the period 1 June 2017 to 31 May 2018

Abstract

EL 31356 is located near the town of Pine Creek and covers an area of 83 graticules. EL 31356 was granted to Bacchus Resource on the 1 June 2017 for a period of six years. During the first year of tenure, previous exploration was reviewed, with historical drilling and sampling data compiled into database. Historically, significant gold and base metals have been mined in the Pine Creek area, with most gold production from quartz veins, lodes, sheeted veins, stockworks and saddle reefs, for example Enterprise Mine and Union Reefs located near the town of Pine Creek. Most of the deposits are found near or within the Pine Creek Shear Zone, which stretches from Katherine to Darwin, within the contact metamorphosed metasediments adjacent to the granite plutons of the Cullen Supersuite. Within the exploration area, exploration will focus on testing the potential for economic gold and base metal deposits within the metasediments adjacent to the granites of the Cullen Batholith.