Westminster Project Combined Annual Report for the period 26th October 2017 to 25th October 2018 MA 25952, MA 26500, MA 26558

Abstract

During the current year Truscott has continued to advance its in-house understanding of the structural controls over mineralisation within the Central Tennant Creek high-grade gold field, through continued, field work, research and analysis initiatives. Spatial analysis models of Westminster Mineralisation have been checked against Truscott's regional models and have been adjusted accordingly. Mineralised intersections between 103 degress (R) and 063 degress (P) surface structures have been mapped across the Tenements Figure (5). Grab sample results (Appendix 1) were taken from various localities to ascertain the nature of the Westminster Project mineralization. It had been previously recognized that this was not just a copper gold related mineralised system but other elements were present such as Mo, W and these sample results along with some extra testing of Drill Chip done in 2016, changed what had formally described as a Copper Gold System, to a Orogenic related Mineral System. Subject to later collapse and uplift associated with magmatic rocks within an Orogenic belt situated some distance back (north) from a plate margin. Rock samples collected from various locations indicated that there was high grade Iron ore (up to 70%) located outside the main shear zone and other possible target zones located on tenement MA 26500 At the Westminster Project observations and analysis generated from the drill programs and field mapping undertaken during the year have provided feedback to allow continuous assessment and refinements to be made to the structural model at a project and regional levels. For Westminster a detailed assessment of the constraints on ore geometry has been further developed describing the expected location of potential high grade mineralised target zones prior to the initiation of drilling. Ore Body One has been modeled and wireframed to allow 3d model (Figure 7) views, this will improve drill targeting and ultimately upgrade the resource. The company's research into the structural controls and mineralising events continues to increase the effectiveness of the structural model being developed as a tool to successfully predict other sites for high grade gold mineralization and.