Mount Denison project EL 24622 partial surrender report, 23 December 2007

Abstract

The Mount Denison Tenement EL 24622 consists of 422 km2 situated approximately 335km south west of Tenant Creek and 247km northwest of Alice Springs. It can be found on the Denison 1:100,000 and the Napperby 1:250,000 map sheets. Mount Denison is a pastoral property about 30 km north east of the remote Yuendumu community, 320 km northwest of Alice Springs in Central Australia. Access to the tenement is by rough road travelling northeast off the main Tanami Road, or via tracks running southeast from Mount Denison. Exploration consisted of data-reviews of previous exploration. The primary target in the area is uranium mineralization. The tenement shows strong granitic outcrop and is blanketed by alluvial and colluvial sediments. Minor metamorphic schists are exposed in the western quartile of the tenement 50% of the tenement block has been submitted.