EL 23436 Sargents annual report for the year ended 29 December 2007

Abstract

This tenement is considered prospective for gold, platinum and palladium mineralisation. During the first year one short diamond drill hole was completed at the Sargents North Prospect. During the second year a planned drill hole was abandoned due to access difficulties following rain. In the third year two RC holes were completed at the Sargents prospect intersecting anomalous gold and platinoid mineralisation. A further two RC holes have been completed in the fourth year extending the zone of anomalism.