EL 26087 Year 3 Annual exploration report 19 March 2010 to 18 March 2011

Abstract

This report details exploration activity for diamond bearing kimberlite intrusives carried out by North Australian Diamonds Limited (NADL) over EL 26087 for the period 19 March 2010 to 18 March 2011. EL 26087 is located over PPL 1167 (NT Portion 5108). During 2007-2008 a total of 6 reconnaissance exploration samples were collected and returned negative results. Field work during the reporting period 2009-2010 included geological reconnaissance and the collection of 12 reconnaissance stream and loam samples and 8 stream geochemical samples. Results for these samples were negative. During the 2010-2011 reporting period a total of 20 stream gravel and 20 soil geochemical samples were collected. The stream gravel samples did not report any kimberlitic indicator minerals. The soil geochemical sample results are currently being interpreted.