Harts Range Project Annual Technical Report for EL 25764 for the year ending 15 September 2012

Abstract

Exploration Licence 25764 is part of Barfuss Corporation's Harts Range Project. The bulk of the project area comprised ELs 24552*, 25063 and 25430. EL 25764 is an area excised from the grant of EL 25063, at the time of that licence's grant, as it was then covered by 'Reserve from Occupation' RO1357. The Harts Range Project covered more than 700 square kilometres but EL 25764 covers only a few square kilometres, surrounding the Hart Range Ruby Mine (over which Barfuss Corporation has Mineral Claim coverage). EL 25764 was granted on 16 September 2010. Underlying geology through most of the area consists of highgrade metamorphic rocks of the Arunta Block, including the Harts Range Group (part of the Late Proterozoic to Cambrian Irindina Province), with older Aileron Province rocks in the east ('Entia Dome') and west (Strangways Metamorphic Complex, including younger deformation in the Gough Dam Schist Zone). EL 25764 is underlain predominantly by the Riddock Amphibolite unit, west of the Entia Dome. The licence covers only a small area amongst prospects recognised by the company on adjoining Licences and Claims. Field activity to date has included reconnaissance mapping and prospecting, and inspection of the area for economic muscovite potential by geologists from the Merck Group of Germany. Mineralisation proximal to the licence includes the ruby deposits and a vermiculite deposit in Mineral Claims surrounded by the licence, and east-west pegmatite dyke(s) to the east with very strong uranium-niobium-yttrium-tantalum(-REE) mineral enrichment ('Bobs', 'Cusp' and 'Malex' prospects). Detailed air-borne geophysical surveying is planned for the Project area and drill testing is being considered. Barfuss Corporation?s activities over recent years have been severely curtailed by: a protracted legal dispute, involving the freezing of funds earmarked for exploration, from 2007 to late 2009; the failure of a subsequent signed agreement with a South Korean corporation which was to invest $12m on exploration of Barfuss' Harts Range project; protracted, and as yet unfruitful, negotiations with a number of other companies, including D'Aguilar Gold Ltd, Commissioners Gold Ltd, the Merck Group (Germany), BOA Advisors Trust LLC (Indiana, USA), and a Chinese group (via a third party); very severe, near fatal, illness which afflicted Mr Uwe Barfuss, and required protracted hospitalisation, from December 2010 to March 2011. Activities during the reporting period included additional sampling of muscovite from pegmatite dykes and despatch of samples for testing to the Merck Group in Germany, and drilling of two shallow reconnaissance diamond drill holes (for no significant results).