EL 27820 Annual Report for period 29 July 2011 to 28 July 2012

Abstract

EL 27820 is located approximately 50km NE of Pine Creek and approximately 200 SE of Darwin. EL 27820 was granted on 29th July, 2010 to Mr Anthony Wright for a period of six (6) years. This tenement, along with ELs 28015 and 27137 form the target area for this project. During the year, an in-depth review of exploration data gathered so far was undertaken. Based on previous exploration programs, a number of gold occurrences have been noted in and around the project area. A technical review of the exploration data suggests that EL 27820 has potential for gold and iron mineralisation, which will be tested by further exploration programs.