Annual report for MCC 968 for the year ended 26 June 2009 Kurundi Project

Abstract

MCC 968 is located approximately 400kms NNE of Alice Springs and 100km SE of Tennant Creek. The eastern part lies on the western edge of Kurundi Station, and the western part lies on Aboriginal freehold land of the Warumungu Aboriginal Land Trust. The mineral claim is a small area of approximately 15 Ha that covers the contact between Warramunga Group volcanics and sediments to the west of the ridge, and sheared and silicified felsic porphyry, which forms the ridge. Work completed in the reporting period includes topographic surveying, petrological studies, historical data compilation and digital capture, drill hole rehabilitation and Aboriginal traditional owner liaison and negotiation. Lack of access for the purposes of diamond drilling have hampered exploration progress. Petrological studies and historical data interpretation have highlighted the potential of immediate Munadgee mine workings area and the fact that the uranium mineralization remains open at depth.