Annual exploration report SEL 25054 for period ending 17 April 2007 Maude Creek Project NT

Abstract

During the reporting period, a technical review of the tenement was undertaken together with reconnaissance visit of the area. This activity identified the potential of the area. In following year, exploration work will involve ground-truthing, infill soil or rock chip sampling and some exploratory RAB/RC drilling. The basic model for exploration within the tenement will be to investigate areas that contain anomalous breccia zones similar to that of Maud Creek in the hope of finding a repetition of this type of deposit. Areas such as Chessman North and Runways East exhibit examples of this style of mineralisation and are therefore ranked with some priority.