EL 26397, EL 23117, EL 23118, EL 27342 Abner Project Combined Annual Report GR-140/09 for the period 3 August 2011 to 2 August 2012

Abstract

This report describes exploration activities conducted over tenements that comprise the GR140/09 Combined Reporting Group between 3 August 2011 and 2 August 2012. Combined Reporting Group GR140/09 consists of tenements SEL 26397, EL 23117, EL 23118, and EL 27342. A renewal application, which was lodged in February 2011 for EL 23117 and EL 23118, has been approved. These tenements now expired on 2 March 2013. Exploration activities completed during the reporting period include: Collection of 161 heavy mineral loam samples. Exploration for the coming year will focus on processing of collected loam samples and resolving the source of recovered anomalous chromites and diamonds. Company is confident that additional kimberlites occur in the area. In addition, the Company will conduct, if require, infill loam sampling, geochemistry of recovered indicator minerals and geophysical program to define precise location of a prospective kimberlite.