EXPLORATION LICENCE EL5891 ARNHEM LAND WEST JV YEAR END 12 MAY 2000 ANNUAL REPORT CONFIDENTIAL Date: May 2000 Report No.: AW00-055891 Period: 13 May 1999 to 12 June 2000 Authors: P Melville, Senior Project Geologist L Sawyer, Geologist Copies: Cameco Australia Pty Ltd, Master File (1) Northern Territory Department of Mines & Energy (1) Northern Land Council (1) Cameco Corporation (1) PNC Exploration (Australia) Pty Ltd (2) -------------------------------------------------------------------------- Data submitted is in digital format only. The report is in Adobe Acrobat (.pdf) format which can be read using the shareware reader also submitted on this CD. --------------------------------------------------------------------------