Annual report EL 24432 Hayes Creek South Project, for the period 2 December 2007 to 1 December 2008

Abstract

RSL took responsibility for Orion and the licence area in August 2007. The new management team has undertaken a review of all its assets, in conjunction with a revision of the exploration and targeting strategies for its licence areas. The work completed comprised desktop studies of historical exploration reports along with reviews of current geological and geophysical maps provided by the Northern Territory Geological Survey. As part of this process, a reconnaissance field trip was undertaken across the northern parts of the lease by RSLs Managing Director and a Geological Consultant during December 2007. A further follow-up visit was made in mid 2008 to investigate the iron potential of the central northern portion of the tenement. No samples were assayed.