EL 10335 Sixth annual report for the period ending 14 August 2008

Abstract

Exploration of the Wollogorang Project by Hartz Range Mines Pty Ltd ('HRM') during the last period has been heavily focussed on EL10335 with particular attention being paid to follow up work on targets generated from the airborne geophysical surveys completed in the previous period. Field work has been intensified during this field season with ground IP surveys, soil surveys, detailed geological mapping and rock sampling and widespread reconnaissance mapping and rock sampling. In April 2008 a long-term field camp was established near the Redbank Mine on the Savannah Way. Lagoon Creek Resources Pty Ltd ('LCR') continued operations on the Debbil Debbil Uranium Project in the southern part of the EL. Work consisted of a helicopter stream sediment geochemical survey, soil survey, drilling and reconnaissance mapping. Field camp construction has been completed.