EL 10335 5th Annual Report for the period ending 14 August 2007

Abstract

Exploration of the Wollogorang Project by Hartz Range Mines Pty Ltd during the last period has been heavily focussed on EL 10335 with particular attention being paid to follow up work on targets generated from the recently completed airborne geophysical surveys. Work carried out during this period consists of completion and interpretation of the airborne magnetometric and radiometric surveys, editing and manipulation of the compiled database of previous exploration activity in the area, data assessment and target generation. Field work has been intensified during this field season with ground IP surveys, detailed geological mapping and rock sampling and widespread reconnaissance mapping and rock sampling. Several new targets have been identified for follow up work including ground EM surveys and drilling in the next period. A field camp has been established just north of the main road between Wollogorang Station and Redbank Mine. Lagoon Creek Resources Pty Ltd continued operations on the Debbil Debbil Uranium Project in the southern part of the EL. Work consisted of a stream sediment geochemical survey, geophysical data analysis, drilling and reconnaissance mapping. Field camp construction has been completed.