Final report for exploration licence 6431 Acacia area Northern Territory 04-09-89 to 31-05-99

Abstract

Rock chip sampling in year 1 located anomalous gold (to 1.58ppm) and arsenic (1100ppm). This was followed by additional rock chip sampling of a gossanous vein, values to 1.59 g/t Au and BLEG stream sampling, highest 10.6 ppb Au. In year 3 geophysical surveys were completed and diamond drilling at Acacia south elucidated the stratigraphy. In year 4 RAB drilling was completed with anomalism obtained at Manton and Acacia North, the latter was further RAB drilled in the next year with gold anomalism obtained to 645 ppb. 9 Costeans were excavated in year six with anomalous results obtained ie. 6m @ 1.17 g/t Au, 4m @ 1.68 g/t au and 2m @ 7.89 g/t Au. The areas was also drilled by 25 Rc holes with the following intersections made, 3m @ 1.1 g/t Au. 6m @ 6.4 g/t Au, 10m @ 4.3g/t Au. In year 7 additional RC drilling and 1corehole was completed with low results obtained. No work completed in year 8, 9 and 10.