Annual report for EL 26032 McArthur Basin project reporting period 19 December 2008 to 18 December 2009

Abstract

This report covers exploration completed on EL26032 during the reporting period from 19 December 2008 to 18 December 2009. The tenement is located in the Batten Fault Zone of the Proterozoic McArthur Basin in the north-eastern part of the Northern Territory, 460 kms NE of Tennant Creek, and 670 kms SE of Darwin. The tenement forms part of Castile's McArthur Basin Project. The tenement, covering an area of 9.9 km2 (3 sub-blocks), was granted to Castile Resource Pty Ltd (a wholly-owned subsidiary of Westgold Resources Limited) on 19 December 2007. It is location within the Billengarrah Pastoral Lease, 1069, and within the proposed Limmen National Park. Exploration for the year ending 18 December 2009 included data compilation, flying highresolution aerial photography over the tenement, interpretation and report writing. No on ground work was completed. The proposed 2010 programme includes acquisition of detailed ground based gravity and heli-magnetics together with processing a target definition. Subsequent field activities will include geological mapping and related soil, rock chip and drainage sampling of priority targets areas. The proposed minimum expenditure for this work will be $14,000.