Annual Report - Year 10 EL 10189, 23 July 2011 to 22 July 2012

Abstract

This annual report outlines exploration activities undertaken by North Australian Diamonds Limited on EL 10189 between the 23rd July 2011 and the 22nd July 2012. This period represents Year Ten of the Licence. EL 10189 is situated on the Bauhinia Downs (SE53-03 and Wallhallow (SE53-07) 1:250,000 mapsheets, and the Glyde, Lancewood and Surprise 1:100,000 topographic mapsheets in the Batten Region of the Northern Territory. It is located around 100 kilometres south of Borroloola and is accessed via existing unsealed tracks leading east from the Merlin Mine or north from Kiana Station. During the 2011-2012 reporting period two sampling programmes were undertaken with 9 stream gravel samples collected. After processing at the company laboratory in Perth all 9 samples returned positive results, with a total of 76 chromite grains being observed in the samples. The samples were collected to follow up the historic macrodiamonds with the aim of isolating a discrete source within the tenement. Results were not able to isolate a discrete source and it may be that such a source is distal.