Annual report for EL 24645, period ending 15 March 2008

Abstract

Exploration during the past year has comprised of geophysical data analysis and reprocessing and targeting along with an independent summary report prepared by Rob Search. This data was then used to establish key target areas for our ground based exploration. The current mineral boom presenting serious problems in the acquisition of drilling contractors and field staff has led to delays in the rigorous field program we now have planned for 2008. Information on past exploration is limited, however the area is regarded as potentially prosperous for Uranium, Gold and Diamond exploration.