Central Desert Joint Venture, Otter Gold , Anglogold, Tanami Region, 7th Annual report, 13th October 2003 to 12th October 2004

Abstract

Exploration Licenses (EL) 8283, 8284 and 9249 were granted to the Central Desert Joint Venture partners (Otter Gold NL 60% and Acacia Resources Ltd {now Anglogold Australia} 40%) on October 13th 1997. The three exploration licenses are subject to a Deed (Frankenia) between the CDJV and the Traditional Owners executed 01/08/97. The term of the tenements has been extended for a further two years to the 12/10/2005. Work during the 7th year of tenure focused on the review of data to assess the prospectivity of the ELs.