Caranbirini Project Annual Report for the period 3rd August 2020 to 2nd August 2021 EL 32347

Abstract

The Caranbirini Project Area is situated within the prospective Batten Fault Zone of the McArthur Basin, with the primary exploration target being sediment hosted massive zinc-lead-silver deposits of the McArthur Group. EL 32347 covers an area of 165 km2 on the northern end of the Teck operated Reward project. Teck Australia Pty Ltd acquired the Caranbirini licence EL 32347 on the 3rd of Augusts 2020 and has been the sole operator and tenure holder since then. Since acquiring the licence Teck Australia has focused on compiling all the historic data and integrating it into company internal data formats and database storage. Due to travel restrictions imposed by the COVID pandemic limited field work has been completed for this reporting year restricted to a reconnaissance field visit and a drill core viewing trip. For the current reporting period, a total of $18,076 was spent on the Caranbirini EL 32347 tenure.