Annual report on EL 27851 Litchfield South Project, for year ending 7 July 2011

Abstract

On 17 February 2011 after their successful listing on the ASX Eclipse Uranium Limited became the owners and operators of EL 27851. Work completed on the tenement comprises collation of historical open file reports and geological data for review. Open file geophysical data for the project has been reprocessed and reviewed. This information has been used for target generation and to determine what methods of geophysical data may be required for the area in future programs. Two field trips have been completed over the last year. The first trip was to determine logistical requirements of exploration in the area. This tip was to find details on issues such as establishing primary contact with land users, determining access routes to the tenements, finding local accommodation for use if necessary in future programs, and to assess how much of the tenement is easily accessible in wet and dry seasons. The second trip was for the purpose of establishing good landowner relations and getting a basic geological overview of the area to aid in designing appropriate programs and targets generation. During this trip some minor geological mapping of outcrop was completed and rock chip and soil samples were collected. Small areas of the tenement were walked over with an exploranium GR-135 to follow located any anomalous readings. Information has also been collected from the NTGS regarding historical core from the tenement which they have in their core yard.