Combined sixth annual report for EL 23791 and EL 23921, Mount Goyder NT, period ended 18 December 2009

Abstract

During the sixth year of tenure Rum Jungle Uranium Limited drilled 29 RC holes on the two tenements for 2604m. 16 holes were drilled on EL 23791 for 1461m. 13 holes were drilled on EL 23921 for 1143m. Three prospects were drilled, being the Mount Goyder skarn, Billabong and Goanna Park prospects with Mount Goyder being the pick of the three. Heli -VTEM was flown by Geotech Airborne Ltd over Mt Goyder area in May 2009. The program for Mt Goyder was divided up into six sections flown at 200m line spacing which cover parts of both EL 23791 and EL 23921 for a total of 362 line km. Section A571-4aM was then infilled to 100m line spacing. A total of 501m of down hole surveying (gamma, optical and density) was logged for nine holes on both tenements by Borehole Wieline. RAB and RC assay results from 2008 that were not reported last year are reported here. Results are located in appendices 2 and 4. An archaeological survey was carried out by Earth Sea Heritage Surveys in May 2009 prior to drilling activities commencing.