Sixth Annual Technical Report for the reporting period ending 17 April 2012 EL 24814 McArthur River Project

Abstract

A visit to EL 24814 was realised in June 2011. During this field trip, 63 samples were collected in the Masterton No.2 area creating a continuous profile across the apparent strike of the manganese outcrop. Samples were also collected in the vicinity of the Thor Prospect, and in the east of the tenement. The high grade of the manganese mineralisation at Masterton No.2 was confirmed (up to 70.6% MnO). Laterite samples were collected to target new manganese and/or base metal mineralisation, but no obvious target can be determined from the results. A gravity survey was also complete by Haines Surveys in August and September 2011, to find any buried mangansese deposits in the vicinity of the Masterton occurrences.