Annual report EL 25026 15 September 2007 to 14 September 2008

Abstract

Coherent exploration models focusing on several commodities have been established and include targets for gold, uranium, tin and copper. A comprehensive information memorandum has been compiled and was used to attract a partner in March 2008 who hopes to list on the ASX in the upcoming months. Part of this process has included several field trips into the area to assess the mineral potential of the tenement and makes up the bulk of the field component. Further processing of existing data has been used to assist in more detailed target selection.