Second annual report on EL 24112 Bowerbird Creek year ending 6 December 2006

Abstract

This EL is held by Gregory and Sandra Woods to prospect for gold. Sedimentary rocks of the Early Proterozoic Burrell Creek Formation outcrop in the area. These consist of interbedded mudstone and chert grading into massive albitic chert beds and BIF. Overlying the formation are siltstone, mudstone, pebble conglomerate and greywacke beds of the Burrell Creek Formation. Within this area are known mineral resources named 'Bowerbird' Prospect to the north east of the EL, the abandoned Bowerbird Mine to the east of the EL and the abandoned Hollis Mine to the east of the EL. Access to 'Bowerbird' and 'Hollis' workings has been limited due to the terrain, but some rock-chip sampling has been done in this area and it appears the mineralization occurs as limonitic, malachite-azurite gossan veins, which is quite narrow up to approximately one metre in width. The Golden Dyke Formation runs from the north west of EL 24112 to the south east, which has revealed steep bedding dips toward the southern Cullen Granite Formation. The Golden Dyke Formation consists of the Goodparla Group - Chert, quartz siltstone, dolomite minor carbonaceous pyritic siltstone with chert lenses, bands and nodules. This area hosts a known mineral occurrence to the east of the Golden Dyke Formation that is actually shown as the Burrell Creek Formation on the accompanying geology map, which is known as the Shamrock Prospect, which indicates a possible Au resource. Some ridge top veins and outcrops tend to be sub-parallel to the bedding. The quartz checked so far has been barren (taken at random for crushing on a motorized jaw crusher). Some panning along creek tributaries has been carried out only giving slight traces of gold. In the 2005-2006 exploration programme, assaying with GPS readings on sample sites have been carried out. A description of the Shamrock Prospect is included in this report. The Cullen Granite area to the south of EL 24112 indicates biotite-hornblende granite. It is within this area (but south of the EL) that there are three known mineral occurrences known as the 'Mt Davis' Prospects and Mines. The Granite is surrounded by 400-500 metre wide contact hornfels which forms very prominent steep ridges. Access is limited to walking in this region. The contact zone has produced numerous gold nuggets up to 3ozs in weight. Further exploration will commence as soon as possible following the wet season. It is intended to submit applications for Mineral Claims at this time. Target areas during the coming exploration period will be in two or three main quartz ridges where visible gold has been located at the surface level. The 'Shamrock' and 'Bowerbird' Prospects will also be investigated.