Annual report on EL 24645 for the period ending 16 March 2010

Abstract

Exploration during the past year has comprised minor fieldwork and compilation of results received from the previous years exploration. An MMP was submitted to conduct drill testing of the unconformity in the north of the tenement however wet conditions late in the year prevented this. Following further structural interpretation of the airborne magnetic survey and integration of field and assay results eight key prospect areas have been defined for exploration work in 2010.