Mt Shoobridge Project NT ERL 88 Annual report for the period 19 September 2005 to 18 September 2006

Abstract

Exploration conducted on ERL 88 during the reporting period included the acquisition of a digital database and brief ground reconnaissance (one rock chip taken). A complete review of the digital Au data is required including the construction of a historical data base from which an up to date resources calculation can be completed. Further drilling may be warranted depending on results, particularly at the northern and southern ends of the prospect, where transported soil cover may mask significant mineralisation. Further ground reconnaissance and mapping is planned for tantalum exploration, in addition to lead, zinc and copper mineralisation.