Relinquishment report for exploration on EL 6895 (Emerald Springs), for the period ending 01-06-1992

Abstract

Initially, a detailed aeromagnetic survey was purchased, which includes the Emerald Springs area. The survey was flown for the purpose of identifying regional structures and more specifically significant magnetic anomalies that may represent bulk tonnage gold mineralisation. The data was processed and interpreted, highlighting several magnetic features in the area. These structures include a major SW-NE fault, a number of small dislocations of magnetic units throughout the area, and a series of folded magnetic units. However, there were no discreet anomalies that could represent bulk tonnage gold mineralisation of the Mt Todd type. During the second year of tenure, 8 active stream sediment samples were collected in the relinquished area. Assay results depict all Cu, Pb, Zn, Ag, As and Sn values being very low or below detection. Gold results were also low and not anomalous. It was felt that no further work in the western two blocks was warranted.