Fifth annual report on EL 5122 'Butchers'; 11/03/91-10/03/92

Abstract

There has been no field work conducted on EL 5122 in the past year, due to the fact that work by the Tennant Creek Joint Venture in the forth year (TEM, drilling, downhole geophysics) has shown the EL to be less prospective than other tenements held by the JV. However, EL 5122 holds residual interest for the JV in the complex magnetic patterns within the 2 blocks still held. Although some of these have already been tested, it is felt that a second phase is warranted, which would involve ground magnetic and gravity surveys. This should ultimately determine whether or not there is any potential for Tennant Creek style mineralisation within the EL area.