KING RIVER PROJECT NORTHERN TERRITORY Exploration Licence 5891 ANNUAL & FINAL REPORT 2005 CONFIDENTIAL Date: May 2006 Report No.: AW06-03 Period: 13 May 2005 to 12 May 2006 Authors: P. Melville Senior Project Geologist M. Carter Geologist III G. Beckitt Geophysicist III Copies: DPIFM Minerals and Energy Northern Land Council Cameco Australia Pty Limited