Annual report for EL 24166, 10 February 2005 to 9 February 2006

Abstract

This report describes the work undertaken by Washington Resources Limited (WRL) in assessing the granted exploration licence, EL 24166 located 600 km northwest of Alice Springs WRL has completed a literature search and compiled all available open file data on the tenement. The Company recently announced plans to form a joint venture with Polaris Metals NL to advance the uranium assets of both groups in the Gardiner Range and Tanami-Granites areas of Western Australia and the Northern Territory. EL 24166 will be a part of this agreement.