Annual Report for Year 3, EL 7064 Lloyds Creek, Acacia Gap Project, 28-02-1993 to 27-02-1994.

Abstract

For the year ending 27-02-1994, 21 -420 micrometre and 1 -2mm stream sediment samples were collected and 122 RAB as well as one diamond hole (182.5m) were completed. The BLEG samples were collected to follow up an anomalous BLEG value from the preceding year the results were negative. The stream sediment samples returned no anomalous values. The RAB drilling returned anomalous zinc values (max 890ppm). Cu, Pb, As, Au returned generally low values though some spot highs were recorded (max 185ppm Cu, 190ppm Pb, 290ppm As and 0.014ppm Au). The diamond drill hole found traces of chalcopyrite, sphalerite and galena mineralization in discordant carbonate veins. Within the dolerite no significant mineralization was encountered.