Annual Exploration Report and Final Report to 26th April, 1998

Abstract

EL 9065 was taken out by Aberfoyle Resources Limited in April 1995 to explore for Zn, Pb, Cu mineralisation in mid Proterozoic units of McArthur River Basin beneath cover. Work completed in the first year of tenure consisted of a compilation of open file data and regal aeromagnetic interpretation. In the 2nd year, all of EL9065 was covered by an airborne EM survey (GEOTEM 25 Hz) Several strongly conductive features were interpreted from the data, However the coincident of these features with topographic highs led to some doubt as to their origin. Ground EM soundings over one of these features in the 3rd year of tenure confirmed a formational conductor preserved beneath a resistive mesa cap in post Proterozoic cover