EL 26930 Annual Report for period ending 4 May 2013

Abstract

EL 26930 held by Terry Hearl and Michael Hearl (now deceased) was applied for on the 21/08/08 and was granted on the 5/05/09 to search for base metals and all associated minerals. Access to this area is limited to five or six months of the year because of the high rainfall during the wet season. Station roads provide the only access to the area but these are restricted to a very small portion of the tenement with some only being graded as they are required and many not being graded from year to year. No access exists to the other parts of the license area. The majority of our time the first year was spent attempting access to the more inaccessible areas of the tenement. Our sampling program was significantly affected at this time by the accidental death of my brother and partner Michael Hearl. The sampling program was resumed in mid May 2010 once the area was dry enough to gain access. Our exploration and ground truthing on the eastern side of the tenement which was extensive and quite time consuming because of rugged terrain and limited access resulted in our relinquishment of 50% of the tenement. Due to unusually high rainfall and a prolonged wet season in the area over 2010-2011 access was not safely gained until approx. mid June 2011. The surface water that still remained this late in the year proved troublesome resulting in bogging our vehicle numerous times and limiting access to the lower western quadrant on the tenement. Due to these conditions most exploration had to be done on foot. Large area's were covered, however because of the excessive rainfall the average vegetation height was around two metre's with almost full ground cover resulting in zero visibility. Three weeks were spent in this area ground truthing with very few samples taken due to poor visibility. However I feel this area needs further exploration because of the full ground cover. Approximately eight weeks were spent on exploration in the 2012 to 2013 reporting period. We still encountered various degrees of access limitations due to rough terrain and poor visability due to undergrowth. However on our first expedition we were able to extensively cover the top north eastern quadrant of the lease due to a bushfire having recently swept the area. After much consoltation it was decided to relinquish approx. 15 blocks in this area equaling about 49.5 square kms because of poor to no mineralisation hence no samples were taken from this area. On the second expedition we were continuously unsuccessful in gaining access to the mid western area known as 'Battle Creek'. The conclusion of this exercise being our consideration of hiring a helicopter from the main station Victoria River Downs to achieve this goal.