First annual report for SEL8748 for the period 29-08-1994 to 28-08-1995 Tennant Creek district, NT, Phillip Creek prospect

Abstract

A regional vacuum drill program was completed totalling 1070 holes (5731m), in three areas (Area 1, 2 and 3). In general the results were disappointing, though there were some interesting values returned from the HMC fraction in area 2. An anomalous Au-Cu zone was outlined to the North of the Queen of Sheeba Working. Follow up RAB (10 holes, 327m) failed to return any significant values. At Raia's Revenge 6 RAB holes (327m) were completed. 1 elevated section 2m at 9.58g-t Au was returned values obtained generally ranged from 0.03-0.1ppm Au. A magnetic survey was completed at the Golden Slipper Workings. In addition 14 RAB holes (777m) and 23 RC holes (1492m) were completed. This drilling indicated that mineralization to the South and East of the existing ore resource.