Annual and Final report on EL 24330, EL 24332 and EL 24333

Abstract

This final annual report covers EL 24330, EL 24332 and EL 24333 for which there is combined reporting status with the due date of 31 March 2010. The ELs are located on Melville and Bathurst Islands which form the Tiwi Islands in the Northern Territory. In the reporting and this final year the primary focus of exploration was to review the extensive tenement holdings on the Tiwi Islands and to keep those tenements with resource potential and relinquish those where is was felt the prospectivity was low. Exploration on the licences subject of this report was restricted to review of the geological setting, past work and previous results obtained. A GIS landsat study to identify any additional targets was also completed. It was felt that all tenement areas had been tested adequately and that the potential for the tenements to contain an economic mineral sands resource was remote.