Ann: Appointment of Non-executive Director - Allan Kelly, page-27

With Iron Ore running hot recently it is worth noting that our permit is in close vicinity to some very large magnetite projects as well as existing cobalt plays.

http://www.theajmonline.com.au/mini...ories/new-iron-ore-discovery-on-sa-nsw-border

http://www.carpentariaex.com.au/project/default/view/hawsons-iron-project

Also interesting to see that we are not just close to the Thackaringa cobalt project but we in fact share a boundry with it, EL6622 and EL8143 share borders with AYR's EL8475. Also worth noting that AYR have secured a much bigger exploration area.

https://www.cobaltblueholdings.com/sample-page/

http://minview.minerals.nsw.gov.au/mv2web/mv2?cmd=MainMap&topic=min

As you can see in the below picture the Pasminco diamond core drilling completed 30 years or so back when exploring for other mineralisation.