Final report for EL 25689 5 July 2011

Abstract

The early phase of reconnaissance-style exploration was focused on uranium by investigating several airborne radiometric anomalies, and the results were not encouraging. Exploration in the last reporting period was focused on phosphate. As outcrop across the tenement is poor, and the phosphate-bearing stratigraphic unit (Middle Cambrian Gum Ridge Formation) is mostly covered by the Middle Cambrian Anthony Lagoon Beds. In order to examine the phosphate potential, cuttings from water bores within and adjacent to the tenement were logged, sampled and assayed. Generally the assay results were disappointing. As a result, it has been decided that no more exploration work will be carried out in this tenement during this reporting period, and the exploration license is applied to be relinquished. The exploration results of last reporting period was reported in the 2010 annual technical report, and this report is essentially based on that report.