Annual report on EL 24563 Waterhouse West Project for the period 18 January 2010 to 17 January 2011

Abstract

During the reporting period limited access to the project following the extended wet season inhibited exploration. Pegging of proposed drill holes was carried out in the drier months in preparation for the coming year. Photo-interpretation geological mapping at 1:20,000 scale was carried out to identify key stratigraphic markers, geological contacts and deformation effects (structure a key element due to vein-style mineralisation) and to assess the role of northwest-southeast trending features. Continued focus lies in the north-western area of the tenement at the Giants Reef Prospect.