Annual report for EL 9836, for year ending 12 August 2007

Abstract

No onground work was conducted during the reporting period by the current registered holder, Tanami Exploration NL (TENL). During the majority of the reporting period Tanami Exploration NL (TENL) was the tenement holder and operator. TENL report that exploration during the reporting period was limited to a brief field visit to confirm TENL's decision to downgrade the gold exploration potential of the licence. Since acquisition, Deep Yellow's costs have been limited to desktop assessment. A transfer reflecting Deep Yellow's interest in the tenement is expected to be executed soon.