8th annual report for EL 9569 (Marks Rise) & EL 9602 (Talbot North), 23rd October 2003 to 22nd October 2004

Abstract

Exploration Licences 9569 and 9602 (Marks Rise & Talbot North) were granted on the 23rd of October 1996, for a period of six years. The Licences were extended for a two year period till the 22nd October 2004. On completion of the eighth licence year work has concentrated on a review of available data, geology and magnetic signatures within EL9569 & EL9602 for the purpose of defining field work for the 2005 proposed budget. Work also concentrated on interpretation and mapping as part of a new structural interpretation of the Tanami region by 'RSG' (Brett Davies) - this is a major strategic review of the Tanami Region for Newmont Exploration. The terms of EL 9569 & EL 9602 were renewed for a further two year period ending on the 22nd October 2006.