Fourth annual report for EL 25942 North Moline 1 for the period 23 November 2010 to 22 November 2011

Abstract

Whitvista Pty Ltd completed an airborne survey over the entire Exploration Licence 25942 during previous expenditure years. The survey was conducted for radiometric and TMI magnetics. Formerly, the Company geologist analysed this data which resulted in the retainment of block SD521367E and the relinquishment of block SD5213870. Accordingly, several site and lease surveys over the amended lease have been conducted during the expenditure year. Data and information which resulted from this fieldwork will be utilized in future geological and topographical mapping. Furthermore, several reports and mapping programs were compiled to document and record these activities. A wide ranging geological and historical data review was conducted in order to cross reference current information (in lieu of the change in holdings) with past reviews. The previously identified targets and anomalies were further assessed in anticipation for follow-up ground geophysics. It is envisioned this exploration program will be conducted using hand held scintillometers. Once ground geophysics has been completed along with rock chip and soil sampling, it is expected that a drilling program be planned.