Annual report combined EL 24453, EL 24463 and EL 24533 Ngalia Regional project period ending 6 February 2008

Abstract

In September 2007, GPX Airborne commenced a fixed wing airborne magnetic and radiometric survey for Energy Metals Limited in Vaughan Springs. The survey was flown using a Cessna 210 operated by Ozshore Pty Ltd. A total of 14932.09 line km was flown. The data was reprocessed by Southern Geoscience Consultants, where the new data was meshed with previous flight lines by Rio, and covers the tenements in this report as well as the 2 other granted exploration licenses in the area. Work during the reporting period also included; compilation of historical data; converting historic data to digital format; clearing access to sites, tracks and drill pads; surface prospecting; and completion of CLC notifications and aboriginal heritage surveys.