Exploration activities for the period over EL 26423, 16 April 2009 to 15 April 2010

Abstract

This Annual Report for EL 26423 summarises work completed in the reporting period 16 April 2009 to 15 April 2010. During the reporting period Great Western Exploration Ltd (GTE) entered into an Option Agreement to acquire the Pine Creek project in mid October 2009. The project area is located 220km SSE of Darwin and 90km north of Katherine, centred on the township of Pine Creek. The project is comprised of 8 granted Exploration Licenses (EL) and 2 Exploration Licence Applications (ELA) covering approximately 900km2 within the highly prospective Pine Creek Oregon including EL 26423. Work completed during the period included office studies and prospect mapping.