Combined Annual Report for EL 23880, EL 23883, EL 23884, EL 23885 and EL 23886 for the period 10 October 2006 to 9 October 2007

Abstract

The first year of exploration was largely reconnaissance hence the wide spaced RAB holes along access tracks, regolith mapping, surface sampling, gravity and aerial magnetic surveys. The focus of that work has been the TAN16 target in the northwest identified during the Tanami framework study. More detailed exploration was conducted around Waldrons Hill following up the historical rock chip numbers and diggings. The tenements were included in Newmont's Tanami Regional Framework study which highlighted the prospectivity of the area. A detailed helicopter borne gravity survey was conducted in late 2006 and a 100m line spacing airmag survey was completed over portions of the area in July 2007.