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Ann: EXCEPTIONAL GOLD GRADES AT GARDEN GULLY-THX.AX, page-11

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    • The Garden Gully project comprises fourteen granted prospecting licences P51/2909, P51/2910, P51/2911, P51/2912, P51/2913, P51/2914, P51/2760, P51/2761, P51/2762, P51/2763, P51/2764, P51/2765, P51/2941, P51/2948 and one granted exploration licence E51/1661, totalising approximately 65.5 square kilometres in area. THX holds a 100% interest in each lease. The project is partially located in the Yoothapina pastoral lease, 15km north of Meekatharra, in the Murchison of WA.

    • The licences are in good standing and there are no known impediments to obtaining a licence to operate.
 
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