Fourth annual report for the Northwest Arunta project area for the twelve month period to 7 February 1998

Abstract

Most of the exploration was conducted on EL's 8363 and 8367. Previously located gold anomalism was followed up by costeaning, vacuum / RAB / RC drilling and some rock chip sampling. Zones of interest include the costeaning done in the Troutbeck area where narrow low grade intersections have been made ie. 3m at 0.6 g/t Au, 7m at 0.15 g/t Au, 3m at 1.1 g/t Au, whilst RAB drilling intersected up to 8m at 0.8 g/t Au and 24m at 0.5 g/t. The other major anomaly is the Black Knight area where RAB drilling intersected up to 40m at 1.15 g/t Au and 0.35% As adjacent to a dolerite. RC drilling has shown that the Black Knight shear zones has up to 5 distinct mineralised zones ie. 3 zones within drill hole BKRC6. 0-21m, 21m @ 0.5 g/t Au 32-48, 17m @ 0.5 g/t Au 55-68, 13m @ 0.5 g/t Au Most other anomalies obtained low results in the vacuum and RAB drilling. 19.88km gridding 12.0km 5.2km ground magnetic survey 42.55km