Annual and final report for period ending 23 November 2012

Abstract

No on-ground exploration activities were completed in the current reporting period. Internal desktop based assessment of historic geological, geophysical and seismic (when available) data, looking for structural and stratigraphic traps for uranium was conducted. The desktop based assessments for both uranium and potash within EL 28663 have failed to provide any primary leads of potential helium related uranium exploration, particularly the lack of seismic data making this avenue of research more difficult to pursue while the avenue for potash potential has been deemed an insufficient to initiate any on-ground activities as a sole exploration target.