Amadeus Uranium Project EL 24704 Annual report for the year ending 7 March 2007

Abstract

This report details the exploration activities carried out over Scimitar Resources Ltd. (Scimitar) Amadeus Project in the Northern Territory, during the period 8th March 2006 to 7th March 2007. This work included research, data base compilation, field reconnaissance and target generation within EL 24704. An RC drilling program associated with field mapping and ground based radiometric surveying is expected to commence during mid 2007, targeting potential uranium mineralisation within the Undandita sandstone Member. The company is in the process of completing a Mining Management Plan for the project and will be seeking clearance for exploration drilling from the Central Land Council in the near future.