Annual report for EL 3346, 2003 to 2004

Abstract

This report describes exploration work undertaken on the Majari project between 6 September 2002 and 5 September 2003. The tenement is situated approximately 330 km to the east of Darwin, and is wholly within the Arnhem Land Aboriginal Reserve. The tenement was granted to Afmeco Mining and Exploration Pty Ltd on 6 September 2000 for a period of six years. AFMEX was in joint venture with SAE Australia Pty Ltd and Cameco Australia Pty Ltd. Cameco became sole owner and manager of the tenement in 2002. This report details work performed by Cameco Australia on EL 3346, during the period 6 September 2003 to 5 September 2004. One diamond drill hole was drilled to test the TEMPEST target, located in the central portion of the tenement, defined in the 2002 geophysical survey. The drill hole was collared in Gumarrirnbang Sandstone passing into Mamadawerre Sandstone and then basement Nimbuwah Metamorphic Complex granitoids. The Nungbalgarri Volcanic Member is absent within this section of the stratigraphy, as tested by drilling. The drill hole was terminated at 419.2m depth.