Final report for EL 25541 Victoria River Downs Project for the period 19 July 2007 to 22 June 2009

Abstract

This report describes the exploration activities conducted over tenement EL25541 between the 19th of July, 2007 and the 22nd of June, 2009. Over the life of the tenement, exploration activities included literature and data reviews as well as a target generation exercise. No field based exploration was conducted over the tenement. The tenement would also have to host significant base metal or diamond deposits to warrant a stand alone mining operation. No such deposits are believed to exist. Due to the nature of the tenement and the perceived high cost of exploration, a recommendation was made to relinquish the ground. The tenement was surrendered on the 22nd of June, 2009.