Final Report for EL 9824 Carrara Range for the period 10 July 2003 to 24 February 2004

Abstract

EL 9824, in the Carrara Range Northern Territory covers an area of 462 km2 and is a joint venture between Arafura Resources NL and Anglo American Exploration (Australia) Pty Ltd (AAEA). It forms part of a regional exploration project that Anglo American Exploration (Australia) Pty Ltd is undertaking in the northwestern extension of the Lawn Hill Platform. The exploration target is sediment hosted massive sulphide Pb - Zn deposits. Exploration, since the first year of the Carrara Range joint venture, was comprised of a TEM survey and soil sampling. Further data evaluation and target review has downgraded the prospectivity of this lease, hence due to changing exploration priorities and the need to focus on other core projects in the Isa-McArthur region it has been decided to withdraw from the joint venture.