Bridging report to cover exploration activities over MLC's 304 to MLC 313 and MLC 562 to MLC 574 01 January 2001 to 31 July 2007 Northern Star Group

Abstract

Mineral Leases 304 - 313 & 562 - 574, Northern Star Group, were acquired by Santexco Pty Ltd (Santexco) to search for Tennant Creek style iron oxide copper-gold deposits. This bridging report records the exploration work done on these group of tenure during the term 01 January 2001 to 31 July 2007. During the report period no exploration was conducted over the Northern Star Group tenure area. The Northern Star Group Tenure area was included in large scale regional reviews of tenure. The Northern Star Group tenure area is located within EL 22165. Giants Reef did not consider this area as a high exploration priority, however Emmerson considers the proximity to many past producing mines and many smaller historical mines in the area still make it an attractive area to explore.