Altjawarra Craton Diamond Project Final Technical Report EL 23202 Marqua Reporting Period 29 November 2002 to 29 November 2005

Abstract

The higher priority diamond-targeted anomalies within the relinquished area are considered to have been suitably tested. Although some encouraging results were received, these are of a low tenor with regards other target areas within the Altjawarra project and have downgraded the perceived exploration potential of this area in comparison with other areas.Results from the manganese exploration indicated that the volume of ore material was unlikely to be economic and no further exploration for manganese is warranted. Some base metal anomalism was identified in Neoproterozoic/Cambrian strata north of Red Heart Bore but no significant intersections were encountered in drill holes. No further work is proposed by Elkedra Diamonds NL and the entire remaining tenement is relinquished.