Final report for EL 25538 Victoria River Downs Project for the period 19 July 2007 to 22 June 2009

Abstract

This report describes the exploration activities conducted over EL 25538 between the 19th of July, 2007 to the 22nd of June, 2009. Over the life of the tenement, exploration was limited to an open file literature review, data compilation and a target generation exercise. No field based exploration was conducted during the life of the tenement. Exploration efforts were hindered by a lack of suitable staff and the remote location of the tenement. Exploration targets would need to have a high potential to host significant mineralisation that would warrant a stand-alone mining operation. No such targets were identified and the focus of exploration shifted towards other tenements possessing a higher potential to host mineralisation combined with a reduced cost of exploration. A recommendation was made to relinquish the ground, and the tenement was surrendered on the 22nd of June, 2009.