Annual combined report GR202 on EL 23506, EL 23516, EL 23517, EL 23532, EL 24403 and EL 25119 for the period 4 April 2010 to 3 April 2011

Abstract

During the reporting period, Thundelarra Exploration Limited - Element 92 Pty Ltd took over the control of the tenements from tenement holders, and commenced exploration activities in the project area. This involved retrieval and appraisal of previous exploration data, ground-truthing and detail geological - geomorphological mapping program by a consultant geologist, soil sampling and high resolution geophysical survey (magnetic and radiometric). It also involved entering previous exploration data into appropriate data bases for processing and interpretation. In the next reporting period, further processing and interpretation of high resolution geophysical data will take place. Radiometric and magnetic anomalies identified from the geophysical and mapping data will be examined in the field. A soil/rock chip sampling program has been designed for the project for 2011-12 reporting year. If some encouraging results received, then RC drilling will be conducted to test new areas for mineralisation.