Barrow Creek Project EL 23186 Annual report for the period 15 July 2010 to 14 July 2011

Abstract

This annual report documents exploration activities undertaken on exploration licence (EL) 23186 for the period 15th July 2010 to 14th July 2011. Four field visits were made by potential investors to the project area during the reporting period. Two field visits were made by representatives of Oz Minerals. The first was led by local consultant Michael Green and visited the Home of Bullion and Prospect D prospects. Oz Minerals made a further visit to the Home of Bullion prospect. Oz Minerals took 3 wholerock geochemical samples from the 2006 drill core and completed a petrographic report with some XRD analyses. One field visit was made by representatives of the Chinese firm Northwest Nonferrous International Investment Company Ltd and a translator. This field trip was also led by Michael Green and visited the Home of Bullion and Prospect D prospects. The final field visit was made by representatives of Kentor Gold Limited with local consultant Rudy Lennartz. Due to local flooding at the time this trip was undertaken by helicopter and only the Home of Bullion prospect was visited. Offers were made by all parties who visited the project area and it was decided to accept the offer from Northwest Nonferrous International Investment Company Ltd. No further work has been completed as the deal with Northwest Nonferrous International Investment Company Ltd has yet to be completed.