Batchelor Project Annual report EL 9253 Year ended 11 September 2005

Abstract

The 04/05 reporting period for EL9253 was the last in its 10-year life and the area is now subject to application for a substitution exploration licence. A proposed RAB drilling programme in November 2004 was cut short by the wet season and in the following year, management of the project was transferred to a new entity. A number of gold and base metal anomalies remain to be tested. In addition, there is renewed interest in the uranium potential for the area. This next phase relies on the grant of the substitution licence.