Annual report on EL 25789 from 9 July 2010 to 8 July 2011

Abstract

During the year under review, a number of field visits were undertaken in order to secure access within the project area. A program to obtain high resolution geophysical survey (magnetic and radiometric) of the project area was completed, and data were received from UTS Geophysics after processing. Geophysical survey was flown with 100 m line spacing at a height of 50 m. In addition, a soil sampling program was undertaken to test the mineral potential of the project area. A total of 237 soil samples were taken and analysed for a suite of 29 elements. In many soil samples some REEs show elevated concentrations. New high resolution geophysical cover of the project area has provided new insights about the bed-rock geology, and will generate targets for drilling. This will lead to Air core/RC drilling program which should penetrate deep into bed rock geology. Samples retrieved during drilling will be petrographically examined, and assayed for a suite of elements, which should help to identify bed-rock geology and its mineral potential.