Final report for SEL 24768 Toko Marqua Project for the period 9 August 2006 to 8 July 2009

Abstract

SEL 24768 was originally granted to Elkedra Diamonds NL (Elkedra) in August 2006. The tenement was subsequently transferred to Uramet Minerals Limited (Uramet) in 2007, originally covering an area of 794 km2. Exploration consisted of reprocessing of regional government magnetic data, sampling for diamonds, regional reconnaissance work and surface sampling. Uramet concluded that the chances of an economic base metal or phosphate deposit being discovered in the area to be low. Elkedra explored the ground for diamonds during 2006 to 2007, and concluded that the prospect of the area hosting an economic diamond deposit was remote. This report details all exploration work carried out by Uramet and Elkedra within SEL 24768 since it was granted in August 2006.