EL 23993 Abner Extended, Annual report on exploration activities, year five of tenure period ending 6 May 2009

Abstract

Exploration for the year covered by the current report was limited because events in the international global markets. The Australian based management of Gravity spent considerable time identifying a new source of funding for the exploration programme to continue. The time involved to achieve this had a severe impact on the field programme for the year. At the conclusion of year 5 of tenure, an application for waiver was lodged with DPIFM with respect to the further blocks required for statutory surrender.