Exploraton licence 8706-Stallion, second annual report for the year ended 7th September 1996

Abstract

Exploration Licence EL 8706 is located in the Margaret River area, 45 km east of Adelaide River township and 25 km north east of the newly established Brocks Creek gold mine and treatment facilities. Acacia resources is exploring the tenement with an intrrest to finding a resource that could provide additional mill feed for its current operations at Brocks Creek. For the second year of tenure the company conducted a compilation and reinterpretation of the dataacquired from previous explorers, re-establishment of the buffalo Yard grid in the south western portion of the tenement, and soil sampling of the gridded area. Results revealed anomalous values, which will be followed up by further exploration.