Batchelor EL 25204 Annual report for the period 11 October 2007 to 10 October 2008

Abstract

During the reporting period exploration activities within EL 25204 comprised of reconnaissance traversing of the iron prospective rock units within the tenement. No prominent ironstone outcrops were identified, hence planned scout RC drilling of any kind has been deferred to next year as more field work is needed for drill target generation. New QuickBird satellite was ordered through SKM during the year to assist with target generation. The reconnaissance mapping indicated that the majority of the iron ore prospective Wildman Siltstone is overlain by sand cover and magnetite bearing laterite. Samples for geochemical analysis have been submitted for the limited laterite, quartz vein and ferruginised carbonaceous shale outcrops found in the mapping area. Results we're still pending at the time of writing this report. Re-interpretation of airborne geophysics, literature and governmental mapping also indicated that the highly prospective geological boundary between Coomalie Dolomites and the pyrite bearing shales of the Wildman/Whites formation might be present under cover in the project area. During the next reporting period it is planned to commence a soil sampling program to test the potential of Coomalie/Wildman contact zone, as well as further mapping to identify potential outcrop.