Partial relinquishment report for substitute exploration licence 8687 Tennant Creek District, Northern Territory Gravity Prospect

Abstract

The tenement was initially evaluated by an aeromagnetic and gravity survey and followed up by four vacuum and RAB drilling programs. Assay results were low with the better results being 0.42g-t Au, o.31g-t Au and 0.35g-t Au with holes SLRB022, 23 and 24 respectively. The above anomalous zone was evaluated by hole SLRC002 to 142m with low gold results obtained, the best assay was 0.12g-t Au over 3 metres from 114m and has associated low order copper, bismuth, cobalt and arsenic anomalism.