Harts Range Garnet Project Group annual report Year ending 1 November 2009 EL 25098, EL 24360, EL 25099, EL 24378 and EL 24641

Abstract

The Harts Range tenements are located along the Plenty Highway and cover 846 square kilometres. Exploration licences EL 24360, EL 24378 and EL 24641 were granted to Olympia Resources Ltd on September 2006. Exploration licence EL 25098 was granted on 2nd October 2006. This annual report summarizes all exploration activities carried out during the reporting period as required by NTGS. During the last anniversary year there was waterbore testwork as well as a couple of Uranium reviews completed. The waterbore testwork determined that the Amblalindum Sandstone aquifer is likely to supply the water requirements of 1210 m3/d (14 L/s) for five years. The borefield would comprise the existing bores OLY 1, OLY 4, OLY 7, OLY 8 and OLY 9, and a postulated new bore ADB1. The Uranium review identified that there were some potential Uranium anomalies which would require further work to confirm. A follow up field trip is planned.