Group annual report for EL 26628 and EL 29828 GR386 Tanami Altura JV Project from 1 March 2018 to 28 February 2019

Abstract

In May 2018 ABM Resources NL changed its name to Prodigy Gold NL (Prodigy). Exploration Licences 26628 and 29828 form Prodigy's 'Tanami Altura JV' project which is located approximately 600 km north-northwest of Alice Springs in the north Tanami Region of the Aileron Province (Figure 1). Prodigy is exploring the 'Tanami Altura JV' project for the potential of gold mineralisation. Exploration consisted of surface sampling and a desktop study. The surface sampling consisted of 60 spoil samples collected on the limited area cleared for access by the Central Land Council which forms part of EL 26628. The spoil samples formed the second part of a program proposed to be continued in 2019. The assay results from the program will form a data set for an ongoing lithogeochemistry study. The lithogeochemistry study aimed to establish a classification of the encountered rocks into stratigraphic groups based on the work of Lambeck, 2008 and then CSIRO. Previous aeromagnetic data interpretation mapped the sample area as Dead Bullock Formation. The CSIRO study results confirmed the previous interpretation. The undelaying lithology in the sampled area of EL 26628 is prospective Dead Bullock Formation based on the rocks geochemical fingerprint. The Prodigy desk top study resulted in a work proposal for EL 26628. It includes the collection of historical drill spoils from 1,330 historic drill holes in conjunction with field mapping of any outcrop and occasional rock chip sampling. A map of prospective historic drill hole traverses and access tracks was produced (Figure 2). A recommendation was made to continue with the historic drill spoil sampling program.