CAMECO AUSTRALIA PTY LTD Exploration Licence EL 23461 MYRA PROJECT ANNUAL EXPLORATION REPORT for the Year Ending 24th July 2004 2nd Year of Exploration CONFIDENTIAL Date: July 2004 Report No.: MR04-02 Period: 25 July 2003 to 24 July 2004 Authors: Mike Carter, Geologist II (work conducted by Dave Rosewall, 2003) Copies: Northern Land Council (1) Department of Business, Industry & Resource Development - Mines & Energy Division (DBIRDME) (1) Cameco Australia Pty Ltd, Darwin (1) Cameco Corporation, Saskatoon, Canada (1) ------------------------------------------------------------------------- Data submitted is in digital format only on a CD. The report is in Adobe Acrobat (.pdf) version 5 format which can be read using the Adobe reader. AVI (Audio Video Interleave) files are also submitted on CD and can also be viewed using a shareware reader. Please refer to Explanation_of_Files.pdf in the Data Folder for a description of Data files. --------------------------------------------------------------------------