Final annual group report 13 October 2009 to 24 October 2012

Abstract

Manganese is main focus for exploration in the Carpentaria project area, specifically Proterozoic manganese. Secondary attention was given to copper mineralisation similar to Red Bank Mine. In 2010, International Geoscience completed a full background review for the Carpentaria project, including an assessment of previous exploration, manganese mineralisation models, data compilation and a preliminary interpretation of the tenements. Accompanying the background review was a 10 day field visit which; assessed the tenement access, mapped geology and rock-chip sampled. The results with respect to manganese mineralisation were disappointing and the tenements were selected for relinquishment. EL 27311 lies within the Gold Creek Volcanics and may be prospective for copper mineralisation similar to Red Bank Mine. Due to poor access and a significant amount of transported cover material the tenement is recommended to be followed-up using a detailed AEM survey. Unfortunately USI have other significant funding and personnel commitments and therefore cannot continue with exploration on EL 27310, 27311 and 27312.