EL 25758 Annual Report for period 3 October 2011 to 3 October 2012

Abstract

The Northern Territory Government made an announcement on 28 September 2010 that it would not support the development of a mine at Angela, therefore, a substantially reduced program was undertaken during the current and previous reporting period. The program conducted at the Angela site during the reporting period was very limited and was restricted to some environmental management and monitoring. Extensive work was conducted by Paladin to review and collate Cameco's environmental data, and borehole and rehabilitation register. As reported in previous annual reports, all holes from the 2009 and 2010 drilling program have been rehabilitated, with the exception of six holes. These six holes, from the 2009 drilling program (AP091-AP096), were not rehabilitated to allow Geoscience Australia to carry out downhole probing. Rehabilitation of the historical (Uranerz) drillholes commenced in the previous reporting period. Work was undertaken during this reporting period to review the Uranerz and Cameco borehole database and register to identify boreholes requiring rehabilitation in the future.