Final relinquishment report for EL 25339 Douglas Range Project, 17 January 2007 to 22 December 2009

Abstract

This Report details the exploration activities and expenditure on lease EL 25339 by Yellow Rock Resources Ltd. EL 25339 was granted to Whitvista Pty Ltd on behalf of Australian Uranium Ltd on 17th January 2007. The EL consists of 141 sub-blocks of approximately 471.6 square kilometres. Yellow Rock Resources Limited hold 25% of Australian Uranium Ltd at the time of IPO. Yellow Rock Resources limited is the operating partner of the licence. During the period of January 2007- January 2009, Yellow Rock under took field campaigns detailing Geological Mapping, Scintillometer Surveys and Rock and Soil samples along with commissioning an Airborne radiometric and magnetic survey to supplement reviewed data from regional geophysical surveys and previous geological and exploration data.