Annual report for EL 23640, EL 25698, EL 25701, EL 25702 and EL 25941 Mt Doreen Project 12 March 2008 to 11 March 2009

Abstract

The Mt Doreen Project lies within the Eastern Tanami region and is situated approximately 320 km northwest of Alice Springs. EL 23640 was granted to Tanami Exploration NL (TENL) in 2003 and was acquired by Deep Yellow Ltd (DYL) in 2006. EL 25698, EL 25701, EL 25702 and EL 25941 were granted to DYL during 2007. The commodity sought is uranium and the exploration programme sought to identify near-surface calcrete or sand hosted uranium, with secondary targets comprising tabular lignitic or redox traps within deeper basinal sediments. Exploration carried out during the reporting period included reconnaissance field trips, an airborne electromagnetic (AEM) survey comprising 865 line kilometres across EL 25701 and an aircore drill programme. The drilling programme consisted of 219 holes for 7,329 metres and 436 samples across all tenements excluding EL 25698.