Annual report for EL 9452, 4 May 2006 to 3 May 2007

Abstract

This report describes exploration work undertaken on the Manyalluluk Project during the third year of tenure. The tenement was granted on 5 May 2004 for an initial period of six years. Field activities during the reporting period consisted of two helicopter-supported diamond drill holes in the Diamond Creek area. An exploration camp was established in this area to support the drilling activities. The exploration camp was established on 15 May 2006, with drilling commencing on 19 May 2007. In total, 815.7 m of core was drilled in two holes. No significant mineralisation was intersected in the drilling. Drill hole MLD001 intersected sandstones and minor volcanics of the Kombolgie Subgroup in faulted contact with the Hindrance Creek Sandstone. Drill hole MLD002 was collared and terminated in interpreted Hindrance Creek Sandstone. Drilling and mapping in the Diamond Creek area has indicated there are complex stratigraphic and structural relationships between the Kombolgie Subgroup and underlying Hindrance Creek Sandstone, and that much of the NTGS mapping in this area requires re-interpretation.