EL 22812, 2nd Partial Relinquishment, Wave Hill SE 5208, Northern Territory

Abstract

This is the second partial relinquishment report by AusQuest Limited, who is exploring the tenement area for Ni-Cu-PGE sulfide mineralisation. The company has found a discrete magnetic anomaly along the Neave Fault , indicating sill like mafic body at the base of the basaltic pile at a depth of about 500 m. The relinquished part of the tenement appears to have no potential for mineralisation.