Exploration Licence EL 23462 KUKALAK PROJECT – NORTHERN TERRITORY 2004 - 2005 ANNUAL REPORT CONFIDENTIAL Date: August 2005 Report No.: KL05-02 Period: 25 July 2004 to 24 July 2005 Authors: D Rawlings, Project Geologist G Beckitt, Geophysicist III Copies: Cameco Australia Pty Ltd, Master File (1) Northern Territory Department of Mines & Energy (1) Cameco Corporation (1) Northern Land Council (1) ------------------------------------------------------------------------- Data submitted is in digital format only. Most of the report and data is on CD. The report is in Adobe Acrobat (.pdf) version 6 format which can be read using the Adobe reader. Please refer to Explanation_of_Files.pdf in the Data Folder for a description of Data files. --------------------------------------------------------------------------