Annual report year ending 12 May 1999 EL 5891

Abstract

The exploration target is unconformity related vein type uranium mineralisation. Sandstone sample analysis from areas MP1 and ANG 1 show distinct boron zonation within the MP1 outlier with a weakly elevated labile uranium peripheral to the boron centre. A distinct labile uranium high is indicated at ANG 1 with an arsenical/copper anomalous chalceodony-haematite-dravite vein. BLEG stream sediment sampling did not detect any gold - 80 mesh stream sediment samples obtained anomalous gold, i.e.. 6 ppb to 16 ppb close to the Anuru Fault system. RAB drilling was completed across Michael's Fault; although quartz veining and iron oxide staining was observed no anomalous results were obtained. Twelve core holes were completed, ten of which were drilled along 3 traverses in the Black Rock area and targeted the Kombolgie Formation with its underlying basement lithologies, only hole DDH 390 showed U anomalism to 200 pm. Two holes were completed in the Marligur Pass area and although alteration was intersected no anomalism was obtained.