Annual Report for year ending 11 September 2012 ELR 116 Mount Porter

Abstract

To date, Arafura's activities in the Mount Porter region have been directed at preparing for the commercial exploitation of the Mount Porter gold resource. More recently, the Company's strategy to be a major participant in the rare earths industry has necessitated a shift in focus and resources away from the development of Mount Porter, and exploration of the adjacent land package. All activity on ELR 116 during the reporting period was in support of Arafura's strategy to divest its interest in Mount Porter-Frances Creek via a commercial transaction with private company Global Mineral Resources Limited.