3rd Annual report on EL 23843, year ending 15 February 2007

Abstract

Imperial's overall work commitment in the Northern Territory has caused work to be concentrated, mainly on the adjacent Exploration Licence 23186, specifically on the old Home of Bullion mine site during the last twelve months. Home of Bullion Mine is a polymetallic deposit of small but rich proportions. Ringing rocks is considered to have strong potential for scheelite (tungsten) based on work carried out by Kewanee (circa. 1972) where they had results of up to 5% Scheelite. Work in the fourth year of tenure in the Ringing Rocks area of the title will concentrate on the potential of scheelite and molybdenum.