Exploration Licence No. 9347 Mount Masson, NT, first and final annual report for the year ended 3rd December, 1996

Abstract

Then tenement lies in the southeast region of the Pine Creek Geosyncline on the McKinlay River (5271) 1:100 000 Geological Sheet area. The licence is mostly Mundogie Sandstone and Wildman Siltstone (Mount Partridge Group) and Koolpin Formation and Gerowie Tuff (South Alligator Group). These have been intruded by Zamu Dolerite, and the Frances Creek Leucogranite crops out in the southeast corner. An open file review was partially completed. This showed that in 1981-82 CRA undertook some diamond drilling in the Jessops Mine area with anomalous Sn, Au, Ag, As and base metals. Best gold values ranged from 0.25-5.1g-t. In 1983 Aquitaine covered part of the area with a TEM magnetics survey as a mapping tool. Field reconnaissance was undertaken, which showed the area to be covered with deep alluvial was and led to questioning the validity of earlier stream sediment sampling. Open file studies and field reconnaissance downgraded the area. MIM Exploration is withdrawing from the Pine Creek region and as a result no further work will be undertaken. The lease is to be surrendered after one year of exploration.