EL 24932 Koolpinya Second annual report 17 July 2007 to 16 July 2008

Abstract

Imperial Granite and Minerals Pty Ltd was granted Exploration Licence 24932 on the 17th July 2006. Acacia Minerals acquired the Licence with the transfer being approved in November 2007. EL 24932 is contiguous with the Company's Exploration Licences 25027, 26434 and application number 26777. The Licences are worked as one project known as the 'Acacia Project'. This Report covers the exploration work carried out during the second year of tenure from the 17th July 2007 to 16th July 2008. Work done includes: Soil sampling; Geochemical analysis; Geological mapping; Magnetic interpretation; Satellite image interpretation; and Land-owner liaison.