EL 26257 West Batchelor Annual report for the year ending 28 April 2012

Abstract

On the 18th January 2012 Eclipse became owners and operators of the West Batchelor Project through the acquisition of Central Energy Pty Ltd. Since the acquisition of the tenement Eclipse has completed a risk management plan for the Pine Creek Project (including EL 26257) which has been approved by NT Worksafe. Eclipse has also commenced a project review of the area to generate preliminary target areas and collected all historical open files available for review. A regional database is also being constructed for the Pine Creek Project Area to aid with target generation. An independent consultant has also been commissioned to provide further targets and review all available data for the tenements. Targets can then be refined to allow field programs to be designed.