Second annual report for EL 24912 year ending 2 May 2008

Abstract

The area is considered prospective for uranium and iron, other mineral prospectivity is unknown at this stage. To date preliminary sampling work indicates widespread low level U anomalism with interesting Fe results. Geochemical soil sampling will probably form an essential part of future exploration work. A review of previous geophysical data may not give a true picture of the areas full potential due to the wide spacing of data collection, therefore more detailed geophysical survey work is essential. Uranium assays were updated with the data from the correct analytical method 04/07/2008.