7:3Tenement Expenditure Report -EL23126Astra Mining N.L.

Section 3. If acco an Annual Technical re art, give:Title of Technical Re

IAuthor

I Section 4. Locality of Operation:

Section 5. Work Pro ram for the next 12 months:Activities proposed (please mark with an "X"):

Literature review x Drilling and/or costeaning

Geological mapping x Airborne geophysics

Rock/soil/stream sediment sampling Ground geophysics

Other: Groundwater trace element survey Proposed ex enditure for next 12 months $18,500

I Section 6. Summarv of Ooerations and Exoenditure:

,~

Mark the work done for the appropriate subsections with an "X" or similar, except where indicated.

Ilf a Technical Report accompanies the Expenditure Report, complete the right-hand columns to indicatethe data supplied with the Technical Report.Do not include the following as expenditure: * Company Prospectus* Insurance * Transfer costs * Land Access Compensation* Departmental Fees [ * Legal costs * Title Search* Bond * Advertisina * Fines

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Tenement Expenditure Report -JJ3~26Astra Mining N.L.

Office Studies

Literature searchDatabase compilationComputer modellingReprocessing of dataIGeneral researchReport preparationOther (specify)

$5,764.00$4,235.00$2,500.00$4,031.00$2,700.00$1,800.00

xxxxxx

$21,030.00SubtotalIAirborne Exploration Surveys (state line kms)

Aeromagnetics kms Acquired from NTGSRadiometrics kms Acquired from NTGSI Electromagnetics kms

Gravity kms Acquired from NTGSIDigital terrain modelling kmsOther (specify) kms

Subtotal

Acquired from NTGS

Remote SensingAerial photographyLANDSATSPOTMSSOther (specify)

Subtotal

~.

Ground Exploration Surveys

Geological mapping

RegionalReconnaissance

ProspectI Underground'Costean:

Ground geophysics

Radiometrics

MagneticsGravityDigital terrain modelling, ElectromagneticsISP/AP/EP

IPAMT

ResistivityComplex resistivitySeismic reflectionSeismic refractionWell logging

Geophysical interpretationOther (specify)

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/7/Tenement Expenditure Report -EL23126Astra Mining N.L.

Drill (cuttings, core, etc.)Stream sedimentSoilRock chipLateriteWater

BiogeochemistryIsotope

laboratory analysis (type)Whole rockMineral analysisDrill sampleOther (specify)

Ground Exploration SubtotalDrilling (state number of holes & metres)i Diamond holes metresReverse circulation (RC) holes metresRotary air blast (RAB) holes metresAir-core holes metres

Auger holes metresOther s eci holes metresField staff wages

IvehiclesConsumablesAllowances

Subtotal

y

Other OperationsCostean i ng/Ditchwitch ingBulk samplingMill process testingOre reserve calculationShaft restoration

MiningPetrologyMineral processingOther (specify)

SubtotalRehabilitationAfter drillingTrack maintenanceMonitoringOther (specify)

SubtotalAdministration (less than 15% of total)

IDraftingOverheads

SubtotalTOTAL EXPENDITURE

$5,257.00$26.287.00

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J7t/Tenement Expenditure Report. EL23126Astro Mining N.L.

Databases were setup to collate data received from exploration activities.

I

Geological data was compiled and interpreted

Reprocessing of detailed geophysical data and computer modelling was completedto address the structural and stratigraphic features within the regionI

Past exploration was compiled and interpreted

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