Annual Report MLN1130 Pine Creek for the period ended 31 December 2012

Abstract

The MLN was Granted 13/12/1982 and encompasses 3 hectares, The tenement was purchased by Mr Ray Woodridge in part for it's prospectivity within the International area and to serve as a location to operate an assay lab to service the mining industry within the NT. Preliminary talks have been conducted with various holders of the surrounding MLN 1130 tenement, however they have often been forestalled by the failure of the holder of MLN 1130 to be able to continue economic operations. There is evidence that drilling has occurred on this tenement and as a priority, this drilling information needs to be sourced, compiled and interpreted. Work this year mainly focussed on upgrading the existing laboratory facilities, including the instillation of a Perkin Elmer Nexion ICP Mass Spectrometer to provide multi-element assaying services particularly for the Gold, Uranium and Base Metal exploration and mining companies. A mineral environmental assay laboratory was also built and commissioned to provide a comprehensive range of Acid Mine Drainage [AMD] assays to Vista Gold's Mt Todd project. No exploration activities have taken place on the tenement apart from a pre!iminary site visit and literature review required for the compilation of this report.