Fifth Annual Report on EL 25313, EL 28006 and EL 28007 from 1 October 2011 to 30 September 2012 and EL 28951 and EL 28952 from 7 March 2012 to 30 September 2012, Caranbirini, McArthur River Project

Abstract

Exploration in the fifth year of tenure carried out by Brumby consisted of reconnaissance survey and diamond drilling of 4 holes for a total of 970.9 meters. The reconnaissance checked the planned drill access and successfully located previous MIM drill holes CP2, CP3 and water bore CW1. The diamond drilling tested a 300 metre deep VTEM anomaly with two holes and two 50 metre deep anomalies with one hole each. Target depth was reached and the conductors intersected. As the drilling was conducted in late September 2012 the geological logging / interpretation and assay results are still awaited. They will be discussed in next year's Annual Report.