Roper HM Project EL 26524 First annual report for period 23 July 2008 to 22 July 2009

Abstract

EL 26524 was granted on 23rd July 2008 to Exploration and Resource Development Pty Limited (ERD), a Darwin based resource sector company for a period of six years. Exploration and Resource Development Pty Limited changed its name to Australian Ilmenite Resources Pty Limited (AIR) with the Australian Securities and Investment Commission (ASIC) on 5th February 2009 with your Department subsequently notified. The license area of 477 sub-blocks was originally applied for to further define known heavy mineral deposits and to target identified Uranium and Fe anomalies and to complete the assessment of the diamond prospectivity of the area. This report details all exploration activity carried out over the tenement. Diamond exploration included an assessment of previous efforts by various companies against the Departmental diamond database and past open file reports. Uranium/Fe exploration has included large scale mapping and interpolation of existing datasets to further identify anomalies and CID/Kanga style deposits within the lease area as well as investigations into past reports available within the Departments open file reports.