Annual report Year 1 EL 27750 20 September 2010 to 19 September 2011

Abstract

Office based exploration completed during the year included review of historical information and planning of work programs for Year 2. Field exploration completed during the reporting period included the collection of one stream gravel sample (11-003-009) in the south-eastern portion of the licence. This sample comprised alluvial sediement from the wall of a creek to test the westward extension of the significant chromite anomaly located at NADL's Lancelot Prospect approximately 7km to the east. This sample reported a negative result possibly suggesting that the Lancelot Prospect chromite anomaly is attributed to a local source and not a regional disperse source.