3rd Annual report for EL 22377 (Peccadillo North), 17th October 2003 to 16th October 2004

Abstract

Exploration Licence 22377 (Peccadillo North) was granted on the 17th of October 2001, for a period of six years. EL 22377 is located some 60km west of the Tanami Mine along the Tanami Track towards the West Australian border. This is the third year of tenure. The prospectivity of EL 22377 is enhanced by the proximity of the host rocks to the magnetic and fractionated Mt Frederick Granite. Work during the third year of tenure included a review of data to assess the exploration potential of EL 22377 to budget for work in the 2005 field season. The region was partially relinquished and was reduced from 19 blocks (61 km2) to 10 blocks (32 km2).