Annual report on exploration activities year three of tenure 19 August 2005 to 18 August 2006 EL 23772 Mt Young

Abstract

Field inspection of potential kimberlite targets within EL 23772 was carried out in October 2005 as part of a helicopter-supported sampling program focussed on priority Falcon target areas in neighbouring tenements. A number of locations of interest were visited, but no appropriate sample sites were located. Owing to this limited encouragement during the 2005 season and a prolonged 'wet season' in the early part of 2006, 50% of the tenement area was relinquished in July 2006.