Annual report for EL 25889 Mount Tolmer East for the second year ending 10 October 2009

Abstract

During the second year of exploration Outback Metals examined the previous exploration reports in more detail and carried out modelling of the existing airborne geophysical data. Further work was delayed until the results of the GA AEM survey became available in September 2009. However this was a disappointment because it was found that GA had terminated the flight lines well to the east of the Litchfield National Park and EL 25889. The main focus of attention for field work in 2010 will be the area surrounding the Tolmer Uranium Prospect originally found and drilled by Rio Tinto Finance and Exploration with 2x B size cored drill holes in 1954. Radiometric traversing and prospecting on foot for alteration is recommended along the trace of Giants Reef Fault within the retained portion of the EL. The southern, relinquished portion of the EL is considered to have no immediate exploration potential.