Annual report for EL 23568 Orion Exploration 17 February 2008 to 16 February 2009

Abstract

Orion Exploration Pty Ltd is a wholly owned subsidiary of Resource Star Limited. This report describes the work program undertaken during 2008/2009 by Orion Exploration Pty Ltd on Exploration Licence EL23568. Situated within the Pine Creek Shear Zone in the Northern Territory, EL23568 forms part of the Woolgni-Edith River Project which comprises EL23568, EL23569, EL26219 and EL26220, collectively covering approximately 750 km2. The commodities sought are uranium and gold. Following the previous year's major historical data review, a major review of exploration strategy, potential and prioritisation of all Resource Star Limited's Northern Territory prospects was completed. CSA Global Pty Ltd, who undertook the study, identified the Woolgni-Edith River Project as the highest priority target. Data subsequently acquired included high resolution satellite images of the Woolgni-Edith River project area. The images assisted in mapping zones of significant alteration and structures in the Cullen Granite and facilitated field activities. Field reconnaissance and a rock chip sampling program were undertaken by Darwin-based geological consultants, CSA Global Pty Ltd. Efforts focused on the historical Tennysons and YMCA uranium prospects located in EL23568. 247 composite rock chip samples were analysed by field spectrometer. A significant number are strongly anomalous in uranium. Samples were submitted to a NT laboratory. A drilling program was proposed and the Mine Management Plan was approved by the NT Government.