Annual report on EL 22707 Arrla Bay 3 for the period 6 June 2010 to 5 June 2011

Abstract

EL 22707 (Arrla Bay 3) was part of the Arrla Bay Project which consisted of four granted exploration licences, EL 22744, EL 22708, EL 24657 and EL 22707 that were applied for in 2000 by Rio Tinto Exploration Pty Limited (RTX). A further four applications EL 23972 Arrla Bay 5, EL 27156 Arrla Bay 5a, EL 27157 Arrla Bay 5b and EL24108 Arrla Bay 6 were granted in June 2009 leaving 2 applications within the grant process forming the remainder of the project. The tenements is located approximately 60km northeast of Oenpelli in north-west Arnhem Land and is consequently processed under the Aboriginal Land Rights Act 1975 (ALRA). During the reporting period all granted tenements except for EL 22707 were surrendered as there was no potential for uranium found within the tenements. Tertiary cover extends over most of the tenement area with lateritised Cretaceous sediments covering outcropping basement of the Nimbuwah complex which consists of gneiss, migmatites and tonalitic granites. No physical exploration was completed during the reporting period due to difficulties organising a working group meeting with the traditional owners. This was however completed in November 2010 and a work programme will be completed in August. The Geoscience Australia (GA) multi-client EM survey was completed and data returned to the clients. The survey highlighted the potential for possible unconformity style mineralisation under cover within EL 22707.