Group Annual Report for EL 29747 and EL 31794 GR484 Lake Mackay Project from 13 October 2017 to 12 October 2018

Abstract

The Castile Resources Pty Ltd (Castile) tenements EL 31794 and EL 29747 are located approximately 500km WNW of Alice Springs in the western Arunta region. EL 29747 was granted on 13th October 2017. EL 27748 and EL 31606 were also granted on 13th October 2017 and were subsequently amalgamated in to EL 31794 on 28th February 2018. These tenements form part of the Lake Mackay JV with Independence Group NL (IGO) and Prodigy Gold NL (PRX). IGO and PRX are presently funding the project expenditure. All on ground exploration since the tenement was granted has been conducted by IGO who is the operator. Exploration during the reporting period consisted of sacred site clearance surveys, 2053 soil samples, 73 rock samples, 39.3km2 of geological mapping, 2198-line km of airborne electromagnetic (AEM) surveying and 25.1 line km of ground based moving loop electromagnetic (MLEM) surveying.