4th Annual report for 'Crusade', SEL 10319 'Goat Creek', 4 May 2004 to 3 May 2005

Abstract

Substitute Exploration Licence (SEL) 10319 was granted to the Central Desert Joint Venture (CDJV) partners (Otter Gold NL 60% and Acacia Resources Ltd {now Anglogold Australia} 40%) on the 23rd January 2001 for a period of four years. SEL10319 is located some 70 km north of the Tanami Mine. This is the fourth year of tenure. Exploration Licence (EL) 10397 was previously reported with SEL10319. Since EL10397 has been accepted into the TEA Reporting area and an Interim Report has been submitted, EL10397 will now be reported in the TEA Technical Report. This report covers activities completed by Newmont Tanami staff within Central Desert Joint Venture exploration ground. Work concentrated on a desk top review for budgeting purposes within SEL 10319.