EL 26483 2012 Annual Report year ending 17 July 2012

Abstract

Ord River Resources Ltd manages the Exploration Licence (EL) 26483, which covers 290km2 in the Tanami Region of the Northern Territory, through its subsidiary Suplejack Pty Ltd. The tenement is located within the Suplejack Downs Pastoral Lease, approximately 630km northwest of Alice Springs, 40km north of Tanami Gold's Groundrush gold mine and 25km north of ABM Resource's Hyperion gold exploration project. Previous exploration in the area covered by the EL has included airborne magnetics and radiometrics, ground magnetics, soil, rock chip and drainage geochemistry, regional RAB drilling and follow-up RAB, RC and diamond drilling. The project holds potential for gold mineralisation in orogenic quartz veins hosted by Paleoproterozoic sediments and volcanics that have been cut by shear zones and splay faults. Mesothermal quartz-gold veins may also be derived from granitic intrusions in the area. Previous drilling on the Tregony prospect has outlined a small gold deposit. A ten hole drilling program, totalling approx 2,400m, is currently being completed at the Tregony prospect. Most of this drilling is aimed at extending the Tregony mineralisation at depth and along strike / down plunge of previous intersections.