Final report on EL 2475, year ending 5 August 1983

Abstract

The photogeological interpretation map prepared by Miss L. Smith of L.G. Smith & Co, Consulting Geologists, was received. It failed to identify any geological structures that we consider favourable for massive low grade mineralisation. The additional helicopter supported sampling did, not locate any significant anomalies and is in line with the results obtained last year. As the main object of exploration was to quickly find large gold anomalies, it is now considered unlikely that any significant gold anomalies will be located. This does not imply that gold and base metal anomalies do not exist. Our basic exploration program is aimed at quick results and not to tie up large areas for long periods. It is now recommended that exploration be terminated and the Exploration Licence revert back to Bonn Energy Ltd of Canada.