Final and annual report on EL 24931 Burrundi, for the period 18 July 2011 to 14 May 2012

Abstract

During the year under review, an in-depth review of exploration data was conducted in order to assess the mineral potential of the project area. For this purpose geological, geophysical and geochemical data were evaluated. Although EL 24931 contains some gold and uranium occurrences but this review suggested that the area appears to lack any significant gold, base metal and uranium deposits. Analyses of geochemical data did not reveal any anomalous values which can be explored further. As result of that EL 24931 was surrendered in May 2012.