First Annual Report for Crawford Creek' EL 24948 for the period 3 July 2006 to 2 July 2007

Abstract

EL 24948 Crawford Creek is part of Northern Mining Limited's Central Australian project. The tenement covers two discrete geological domains; the ca. 1690-1610 Ma Warumpi Province and the Neoproterozoic to Paleozoic Amadeus Basin. The Warumpi Province is considered highly prospective for Zn-Cu-Pb-Ag (Stokes Yard-type) and Cu-Zn-(Au) vein (Mt Larrie-type) mineralisation, whereas the Amadeus Basin is highly prospective for sandstone-hosted uranium-vanadium. In the first year of tenure, most work on EL 24948 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. Field checking of previous U anomalies was undertaken. Work has also been undertaken at Northern Mining's Stokes Yard Zn-Cu-Pb-Ag prospect on EL 24438, which abuts the northwest corner of EL 24948. This work has great relevance for future work on EL 24948.