Second Relinquishment Report for EL 8363 Terrier covering the period 22 March 1994 to 21 March 1999

Abstract

Aeromagnetic data was purchased from AGSO and reprocessed. Two aerial photography surveys were completed and used to prepare a Regolith map. Reconnaissance stream sampling was completed with no result in excess of 0.5 ppb Au obtained. Seventy-two samples of rock and laterite material were collected. Minor positive results were obtained within area 1 where a sheared schist with thin quartz veins assayed 753 ppm As and a quartz rich biotite pelite returned 0.175 ppm Au and 124 ppm As. The area was also evaluated by both reconnaissance vacuum and RAB drilling. The initial reconnaissance drilling indicated some anomalism to 0.019 g/t Au but was down graded by follow-up drilling. Some of the RAB holes were drilled for water. The Aurasia, which lies mainly in the adjacent tenement, was in part covered by a ground magnetic survey.