Annual report for EL 7830 for the period 02-12-1992 to 01-12-1993 Buger and Terry prospects.

Abstract

During the first year of exploration some 410 lag-scree-soil and 23 rock chip samples were collected over two areas within the licence. The Buger area corresponds to a magnetic ridge which appears to reflect the contact between the granite and metasediments while the Terry area is the area about the Terry Prospect. Sampling in the Buger area returned generally disappointing results and with most values being <1ppb Au, however some 9 samples returned value >1ppb Au, with a maximum assay of 4ppb Au. Sampling has shown anomalism over an area of 2000x200m open along strike in the Terry area. The maximum value obtained 26ppb Au. There is a coincident arsenic anomaly.