TEA Interim report for EL 9903 (Emma) 21st August 2004 to 31 December 2004

Abstract

Exploration Licence 9903 was granted on the 21st August 2003 for a period of six years. EL 9903 is located roughly 90 km north east of the Tanami Mine and 45 km east north east of the Groundrush Mine. This report covers the period 20th August 2004 to 31st December 2004 - the period prior to the commencement of the Tanami Exploration Agreement (TEA) Report. During the interim period work completed by Newmont Exploration included an extensive infill surface sampling programme of 1431 samples covering the central west region on a one kilometre and 250 m triangular grid. Several rockchips and lag samples were taken. BLEG T sampling has generated 2 coherent gold anomalies located within the original priority 1 target area. The Pharaoh anomaly has returned a peak value of 20ppb Au, and the Khepri anomaly has returned a maximum value of 15 ppb Au.