First annual exploration report EL 25082 Cattle Creek for period ending 17 September 2007

Abstract

Territory Uranium is exploring for uranium, and applied for EL 25082 to explore for U mineralisation along with 2 other contiguous tenements, EL 25060 and EL 25071. Work during Year 1 of tenure consisted of a review of both NTGS data, and compilation of significant results from Industry reports. Diamond data was found to already be present in the Diamond Indicator Mineral Database provided by the Northern Territory Geological Survey. Previous U exploration within the Licence is non existent. Most of the previous exploration focussed on diamond exploration with minor forays into Tennant Creek Cu-Au mineralisation. A review of the regional geophysics and SEEBASE dataset showed weak U-channel radiometric anomalies in areas of mapped unconformities and interpreted faults.