MEP 55272 Surrender Report 2016

This Surrender Report details the work completed within MEP 55272, Red Hills prospect by Red Hill Resources Ltd prior to its Surrender in February 2016. This includes a literature review, geological mapping, geochemical sampling and the creation of a GIS database. This Surrender Report details the work completed within MEP 55272, Red Hills prospect by Red Hill Resources Ltd prior to its Surrender in February 2016. This includes a literature review, geological mapping, geochemical sampling and the creation of a GIS database. Both hard rock and alluvial Au‐mineralisation within EP55272 shows evidence of supergene enrichment and concentration along the Johnston Fault. The presence of the Johnston¿s United Mine outcropping on an elevated ridge, the highest exposure of the Johnston Fault and representing the least eroded zone of supergene enrichment along the Fault suggests the likelihood of discovering another Johnston United‐style deposit or significant mineralisation along the low‐angle Johnston Fault within the permit area is unlikely. On the basis of the poor results from the geological mapping and sampling programmes, Red Hill Resources has reluctantly made the decision to surrender EP55272 Red Hill Block.