EL 24654 Exploration activities report for the 12 month period to 30 October 2006

Abstract

EL 24654 is part of Redbank Mines Ltd Redbank Copper Operations located in the McArthur River Basin near the Northern Territory and Queensland border. Initial evaluation of EL 24654 was completed within the first 12 months of tenure. It was concluded that sequences of Gold Creek Volcanics and Packsaddle Microgranites contained within the eastern part of the tenement have not been effectively explored for base metals. Record wet season rains prevented access to the tenement until the middle of 2006. A severe shortage of suitable geotechnical personnel and the scale of track re-establishment prevented the work being carried out in the latter part of the 2006 dry season.