Annual report EL 24841 Murphy Project 1 August 2011 to 31 July 2012

Abstract

Exploration during the 2011-2012 field season comprised a ground Transient Electromagnetic (TEM) survey in February 2012 which partially covered the UC19 target within EL 24841. This data has been processed, modelled and an interpretation of the data was completed by Dr. John Coggon of Mines Geophysical Services in March 2012. A drill hole rehabilitation audit was completed in August 2011 and a follow-up rehabilitation program was conducted in February 2012 which involved locating, rehabilitating and photographing old RAB, aircore and RC holes which had been missed in earlier rehabilitation efforts due to scheduling, or poor access. A 2,700m drilling program comprising approximately seven RC / diamond drill holes at prospect UC19 is proposed for September 2012.