Annual and Final Report EL 24307, EL 24665, EL 24944, EL 25672 and EL 26992, Roper Bar Project, for the period 6 July 2005 to 27 August 2012

Abstract

EL 24307, EL 24655, EL 24944, EL 25672 and EL 26992) have been amalgamated into one licence (EL 29548) as of 27 August 2012. This report is the annual and final report for these five amalgamated EL's. The tenements are located about 240 km east of Mataranka in the Gulf Country of the Northern Territory. Exploration is being undertaken for hematitic iron ore within the Sherwin Formation. The Roper Bar project is situated within the Bauhinia Shelf of the McArthur Basin. The McArthur Basin is an intracratonic platform basin of Palaeo to Mesoproterozoic age. Exploration within the area has concentrated on the Sherwin Formation within the Maiwok Subgroup of the Roper Bar Group. Exploration activities carried out during the reporting period included further resource definition and exploratory drilling. The focus was to upgrade confidence in the existing resources at Area F, Area E and Area D for feasibility requirements. To achieve these goals, RC drilling, resource diamond drilling, geotechnical diamond drilling and metallurgical diamond drilling and ore testwork will be conducted.