Third partial relinquishment report for EL 24835

Abstract

Three RC drill holes were drilled in December 2007 to target a gravity high on the southern border of the relinquished portion of the tenement, however no mineralisation was intersected. In May 2008, 14 rock chip samples were collected over the relinquished portion of the tenement that were slightly elevated in copper and zinc. During the fourth year of tenure diamond drill hole PCRD001 was drilled on the southern border of EL 24835 into a radiometric anomaly called the Windgap Uranium prospect located 23km north of the Warrego mine site. The hole was drilled to 475.5m and stayed entirely in granite. No mineralisation was encountered.