Annual report on EL 24550 George Project for the period 12 December 2009 to 11 December 2010

Abstract

During the reporting period regional geological mapping at 1:10,000 scale was completed to assist in the identification of stratigraphic contacts, marker beds and structures to assist in the exploration of uranium mineralisation. One survey line of Induced Polarisation was also completed to identify conductors associated with mineralisation to the north of the Adelaide River Mine. Elevated intervals from drill chips and core from the previous year's drilling was resubmitted for assay of rare earth elements. Exploration activities over the reporting period have identified areas for focus in the next year term of tenure. radiometric surface response exists at the Bower Bird Prospect which requires drill testing to delineate depth extent. Further focus will be on unexplored airborne radiometric anomalies.