EL 27076 Annual report 23 July 2009 to 22 July 2010

Abstract

This exploration licence is located 24km to the southeast of the Auruwurra phosphate deposit in limestones and shales of Cambrian age in the Georgina Basin of the Northern Territory. Its location is highly prospective for the discovery of further phosphate resources in this area as it is located on the southern end of the Wonarah basement high where it intersects the southern basin margin of the Georgina Basin. Previous explorers have found traces of phosphate in this area, (up to 1.5 percent P2O5) and so have demonstrated the presence of phosphorite here. There was no field work done on the licence in the first year of tenure.