Annual Report for the period 25 January 2018 to 24 January 2019 ML 31025 Dhupuma Plateau

Abstract

ML 31025 held by Gulkula Mining Company Proprietary Limited ('GMC' or 'Gulkula') is located on the Dhupuma Plateau within the Gove Peninsula in northeast Arnhem Land, about 30km south of Nhulunbuy. ML 31025 was granted on 25 January 2017 over an area of 893.4 hectares. It lies within GMC's exploration licence EL 30226. This land is administered under the Aboriginal Land Rights Act 1975 (ALRA). The commodity target is bauxite mineralisation analogous to the Gove deposits currently being mined by Rio Tinto's Gove Operations, which have formed through the intensive weathering of Cretaceous sediments during the Tertiary. Mining operations have focused on the production and delivery of bauxite to Gulkula's primary customer Rio Tinto Alcan Gove (RTA).