First annual report for EL 24746 Milton Park, for the period 13 April 2006 to 12 April 2007

Abstract

EL 24746 is part of Northern Mining's Central Australian project. The tenement stretches across four discrete geological entities and is considered prospective for various commodities within various geological settings, including ultramafic-mafic-hosted Ni- Cu-Co-PGE, apatite-vein-hosted REE-P-U, sandstone-hosted U-V and surficial calcrete-hosted U. In the first year of tenure, most work on EL 24746 related to the transfer of the tenement to Northern Mining Limited and the subsequent compilation of an Australian Stock Exchange prospectus. A comprehensive prospectivity review has been undertaken since and highlights great multi-commodity potential in the area. No field work was completed.