7th annual report for EL 8012, EL 9477, EL 9759, EL 9992 and SEL 10188 Pendragon Agreement, 6 July 2004 to 5 July 2005

Abstract

The Pendragon Project area is located within the south-western sector of the Tanami, and the north-western sector of the Granites, 1:250,000 Sheet areas. Exploration Licences (EL) 8012, 9477, 9759, 9992 and SEL 10188 are held by the Central Desert Joint Venture (Otter Gold NL 60%; AngloGold Australasia Limited 40%) and are subject to the Pendragon Deed executed 15 June 1998. Exploration work undertaken during the seventh licence year comprised data review and target generation by Newmont Exploration.