Annual and final report 21 November 2006 to 17 November 2011 EL 25101 Mordor West

Abstract

EL 25101, Mordor West, is located approximately 60 kilometres northeast of Alice Springs. The tenement was granted to Deep Yellow Ltd on 21 November 2006. DYL entered into a Joint Venture Agreement (JVA) with Rum Jungle Uranium Ltd commencing on 30 November 2007. This included EL 25101 and a number of other tenements in the region over which RJU earned a 50% interest. RJU handed the tenement back to DYL during the previous reporting period. Exploration over the tenement conducted by RJU throughout the JVA included general reconnaisance work including rock chip sampling and ground gravity and radiometric surveys. Exploration carried out by DYL during the reporting period has been limited to data review.