Annual exploration report for EL 26267 'Askins' for the period 7 March 2008 to 6 March 2009

Abstract

EL 26267 overlies two geologic provinces; the Proterozoic rocks of the Davenport province to the NW, with the Cambrian sediments of the Georgina Basin to the southeast. EL 26267 has no recorded systematic exploration by previous explorers. Most of the previous work relates to diamond exploration, but the tenement appears prospective for phosphate and possibly uranium. Work during Year 1 consisted of a data compilation and review of previous data, with the aim of determining the prospectivity of EL 26267. The tenement appears most prospective for phosphate, but there is also potential for uranium, base metals, tungsten and possibly gold. There has been analysis of airborne magnetics to explore for kimberlite intrusions by previous explorers, but with little success.