Annual report EL 24807 Ngalia Regional Project period ending 13 August 2010

Abstract

Exploration activities regarding to the exploration license are based from the Bigrlyi Camp facilities of the Bigrlyi Project. Site reconnaissance, ground truthing and geological prospecting are conducted late 2009. Access to the license area is restricted in 2010 due to unseasonal heavy rain in the first half of 2010. Reinterpretation of the 2008 airborne geophysical data was undertaken by new geological team in the period. An exploration target area which coincides with the radiometric anomalies has been identified over the Aboriginal Sensitive Area in the tenement. A series of small outcrops that coincided with the radiometric anomalies in the identified target area belong to the uranium host geological unit - Mt Eclipse Sandstone. The unit is interpreted to be folded to the south of the Bigrlyi mineralisation and dipping to the northwest. Reconnaissance and prospecting of the license area were undertaken in the period to exam the interpreted extended trends of the Bigrlyi mineralisation. Negotiations are ongoing with the CLC and TO's to enable drill access to several radiometric anomalies that present high priority exploration targets. These targets are located in areas that are sensitive areas to the aboriginal community.