Annual report for EL 24503 Mount Watt, for the period 13 October 2007 to 12 October 2008

Abstract

EL 24503 is part of Northern Mining Limited's Finke project in Central Australia and is considered prospective for massive manganese, sandstone-hosted and Tertiary remobilised uranium mineralisation In the third year of tenure for EL 24503 no field work was undertaken, due to recruitment issues, particularly finding staff to undertake the planned work programs in the remote Northern Territory areas. As a result expenditure was not met and work not completed, however it is anticipated that the engagement of CSA Global to undertake exploration activities will allow the planned work programs, and subsequent expenditure, for EL 24503 to be achieved.