Combined annual report 12 October 1991 to 11 October 1992

Abstract

Work undertaken within tenements included vacuum and RAB drilling and magnetics. Work on MCC0788 consisted of 2 lines of scintillometer survey and mercury vapour detection work. Drilling at MCC082 returned low levels of anomalism including 12m a 0.076g-t Au. This failed to enhance the anomaly. An area in the west of the licence is yet to be tested. Vacuum drilling at Explorer 219(MCC0805) delineated a zone of anomalous Au-Cu-Bi but generally down graded the prospectivity of the licence. Work a MCC0806 highlight the dispersion halo about Jubilee Mine, and an anomalous hematite-Jasper ridge WNW of the Jubilee Mines. Though anomalous the prospectivity of the area has been down graded. Work a Hematiage (MCC0888-895) has failed to highlight an open pitable resources. Values returned from drilling include 6m a 3.82g-t Au. There appears to be some grade increase with depth