Annual report for EL 25024 15 September 2007 to 14 September 2008

Abstract

Coherent exploration models focusing on several commodities have been established and include targets for gold, uranium and tin. A comprehensive information memorandum has been compiled and was used to attract a partner in March 2008 who hopes to list on the ASX in the upcoming months. Part of this process has included several fieldtrips into the area to assess the mineral potential of the tenement and makes up the bulk of the field component.Limited XRF base metal spectrometry was conducted during the independent geologist visits. No major geochemical programs were carried out during the period however reinterpretation of open file geochemical datasets continued to be carried out as well as definition of the Snedden alluvial tin field. Further processing of existing data has been used to assist in more detailed target selection.