Annual report on EL 23590 Frances Creek East, for the period 27 February 2005 to 28 February 2006

Abstract

Work undertaken during the reporting year ending 27 February 2006 within EL 23590 comprised office studies and a reconnaissance visit to the tenement area. The office studies consisted of a review of the geology of the area using the Pine Creek 1:250,000 scale geological map sheet and available air photography. This was followed by a reconnaissance visit which confirmed that the southern part of the area is predominantly underlain by Allamber Springs Granite of the Cullen Batholith and has no potential for significant iron mineralisation. As a result, four tenement blocks over this area were relinquished in January 2006. Expenditure for the year was $4,102.61. Work proposed for Year 4 is completion of the evaluation of the tenement through prospection for iron occurrences/outcrops and, if appropriate, 100-200m of RAB drilling of prospective targets. Estimated expenditure for this work is $10,000.