Ochre Hill EL 9999 Annual report for the period 22 July 2010 to 21 July 2011

Abstract

EL 9999 is located about 6km by graded station road north of the Frances Creek iron ore mining district from which about eight million tonnes was produced during the period 1967 to 1974. The mining district lies 23km north of the township of Pine Creek which is located on the Stuart Highway about 220km south of Darwin. This report details exploration activity conducted by Territory Resources Ltd within the Ochre Hill Tenement EL 9999 during the year ending 21 July 2011. During the reporting period, Territory Resources Ltd undertook the following work: Reconnaissance and geological mapping; Obtained quotation for the capture of detailed ortho-photography and DTM data for the entire Frances Creek Project area (including across EL 9999). Proposed activities for the coming year will include significant programs of geological mapping and rock-chip sampling, utilising the newly captured detailed imagery for control. Any new targets generated by this work will be incorporated into an updated MMP for 2011-2012.