EL 23186 Annual Technical Report for period ending 14 July 2012

Abstract

Kidman Barrow Creek Pty Ltd, a wholly owned subsidiary of Kidman Resources Ltd, purchased the EL 23186 from previous owners, Imperial Granite Pty Ltd, Goldstake Explorations Inc. and Robert Cleaver. The EL transfer was granted by the Northern Territory Department of Resources on the 10th May 2012. A renewal application for all 43 sq. blocks is lodged with the department at the time of writing. The EL is composed of two historical prospects known as The Home of Bullion Prospect and Prospect D. The primary objective of the exploration is Gold and Base metals with the aim of delivering a JORC compliant inferred resource. In May 2012, the Managing Director of Kidman Resources Ltd took a helicopter flight over the prospect to inspect previous drillcore, site access and identify roads, tracks and fence lines.