Fourth Annual Report for EL 7921 Mt Frederick JV Project year ending 23 March 1997

Abstract

Regolith studies suggest that the title is predominantly represented by a stripped profile to lower saprolite with limited opportunity for lateral dispersion. To further understand structure of a fixed wing survey was completed. 3129 km at 50m line spacing were collected. 2 phases of post hole RAB were completed. The work failed to enhance the previously outlined gold in soil anomaly in the central area of the title where two lineaments intersect. Work on the eastern margin of the Maverick's Prospect confirmed the anomaly. Broad spaced drilling to the south outlined an area of As-Au anomalism over 1 km in strike. Angled RAB at Mavericks encountered weak gold anomalism.