EL 26999 Annual exploration report ending 17 June 2011

Abstract

Work undertaken during the period consisted of; Regional compilation of open file and other available company data from all known sources by an external consultant directed by the company's exploration manager; indexing and geo-referencing of all data accumulated with point extraction of data where required; production of relevant maps for interpretation and ground survey planning; commissioning and commencement of a re-interpretation of available geophysical information including magnetic, radiometric and gravity data and target generation by external consultants; field review of access, ground conditions, sample media and field program planning for the 2011 dry season; and A regional surface laterite sampling program was completed collecting 431 samples at 500m x 500m spacing.