This report describes exploration within the Yuletide prospecting licence to August, 1986. A detailed helicopter supported regional geochemical and geological sampling programme was undertaken within the Licence area. Sampling included stream sediment, pan concentrate and rock sampling. This prospecting identified five drainage areas with associated anomalous geochemistry: Old Hut Creek - Colour Creek area, Anatoki River tributaries A (GR 733305) and B (GR 764303), Colosseum Creek and Paradise Creek. It was concluded that only the Old Hut Creek - Colour Creek area, warrants additional prospecting. Recommendation are made to further explore this area.