Annual technical report for EL 25989 Randall's Peak 29 November 2007 to 28 November 2008

Abstract

The Randall's Peak Project comprises one granted Exploration Licence (EL 25989) covering an area of 446 square kilometres located on the Gardens Station, 35 kilometres north-east of Alice Springs. The project area is 100% owned by Atom Energy Ltd. EL 25989 covers early to late Proterozoic gneissic units of the Strangeways Metamorphic Complex on ythe south western flank of the Enita Pegmatite Field. The tenement is potentially prospective for rare earth minerals, uranium, tin and tantalum associated with pegmatites within the metamorphic terrain. A detailed geological mapping exercise utilising hyperspectral scanning imagery was initiated and HyVista Corporation flew HyMap imagery over the entire tenement area (446km2) in April 2008. Interpretation of the spectral imagery and field checking, mapping and radiometric traversing has yet to be completed. These programs are proposed for the 2009 field season. Exploration expenditure during the reporting year totalled $45,248.