Annual report for EL 3106 Arrarra 17 April 2008 to 16 April 2009

Abstract

Exploration activities for the sixth year of tenure consisted of re-logging of historical drill core, which was drilled in the 1970s, and a Reverse Circulation (RC) drill program proximal to Mamurri Hill. The re-logging of historical core was intended to increase the understanding of known prospects and relate it to the RC program. The RC program was planned around the SAM survey that was done in 2007, it consisted of 3 holes. Weak U mineralization was intersected in two RC holes, AAR0544 and AAR0546. For AAR0544, gamma probe data revealed an average grade of 0.0058 eU3O8% over a thickness of 1.65m, between 75.98-77.63m and NTEL results returned assays of 40ppm U between 79-79m. For AAR0546 gamma probe data revealed an average grade of 0.1309 eU3O8% over a thickness of 0.75m, between 93.08-93.83m and NTEL results returned assays of 158ppm U between 92-93m. Also, AAD75DDH3 revealed elevated uranium values. NTEL results returned assays of 155ppm U between 42.30-46.70m. All three holes are proximal to the Mamurri structural trend and all indicate structural controls of mineralization associated with strong alteration. The primary activity planned for 2009 is a SAM survey over Injardil prospect.