SEL 25055 Strangways, Annual technical report for the period 13 June 2006 to 12 June 2007

Abstract

Flinders Diamonds Limited (FDL) applied for SEL 25055 in the Strangways Range area to further investigate the region for the presence of kimberlitic or lamproitic diamondiferous intrusive bodies. In 2005 FDL sold the non-diamond rights in its Strangways Project tenements to Maximus Resources Limited (MXR). SEL 25055 is included in this agreement. During the 12 month period ended 12 June 2007 MXR has undertaken geological reconnaissance on both a regional and prospect scale over SEL 25055. MXR proposes to undertake wide spaced EM surveys over much of SEL 25055 and SEL 25056 as the next phase of its regional exploration program. In the first half of 2007 MXR failed to engage a suitable airborne EM survey contractor to undertake this program. A contractor should be available later in 2007.