Annual report on EL 24887 reporting period 8 August 2008 to 7 August 2009

Abstract

Exploration activities completed during the reporting period include data compilation, target magnetic modelling and reporting. Previous exploration work has located several discrete magnetic anomalies within the tenement, but none of these has been tested at depth. The anomalies are mostly covered by Cambrian sediments, and previous surface sampling and shallow drilling has only tested the Cambrian, not the magnetic features beneath. The proposed 2009 programme is planned to include drill testing of priority targets subject to successful heritage clearances with a proposed minimum expenditure of $53,000.