Annual report EL 9976, EL 9979 and EL 22168 Wonarah Phosphate Project

Abstract

This report covers the work done on EL's 9976, 9979 and 22168 in the year to 2nd September 2005. The tenements have been granted joint reporting status and they contain the Wonarah rock phosphate deposit - generally regarded as Australia's largest undeveloped resource of that commodity - and the outcropping to outcropping Arruwurra Prospect some 16 kms distant. It is the first report submitted by the project's new manager, Minemakers Australia NL. Prior to Minemakers' option AKD's work was confined to unsuccessfully seeking capital to further investigations at Wonarah. Minemakers and AKD travelled to Darwin and introduced the former to the Executive of DBIRD. The Arruwurra Prospect lies some 16 kms southwest of the main deposit. It has high grade mineralisation at surface supported by a few drill holes indicating vertical continuity of it. As its first priority, Minemakers aims to drill out Arruwurra so as to define the resource.