Interim report for SEL 23659 'Mac Peak', for the period 3 April 2004 to 31 December 2004

Abstract

This interim report for SEL 23659 (Mac Peak) covers the period, prior to the commencement of the Tanami Exploration Agreement (TEA), from 3 April 2004 to 31 December 2004. Substitute Exploration Licence SEL 23659 is centred approximately 33km southwest of The Tanami Mine. It is readily accessible via roads and tracks leading from the Tanami Highway. The licence was granted on the 3rd April 2003. Access to the licence area from The Granites is via the Tanami Highway to the Wilson's camp turn-off to the south, 30km east of the Western Australia - Northern Territory border. Exploration tracks from the Wilson's track heading east cross the SEL. A review of all previous exploration completed on EL 2372 and 7122 was undertaken in 2003. The review focussed on re- interpretation of past drilling and surface sampling with respect to the CRCLEME regional regolith and landform mapping completed on the licence area in 2000, as part of a Tanami-wide project. In 2003, the SEL was included in a Tanami-wide regional structural mapping project. This project commenced in October 2003 and is still in progress. In 2004, the region covered by SEL 23659 was included within the area covered by a reconnaissance soil sampling survey. Soil samples were collected at spacing of 500 m X 1000 m and assay results from these soil samples were received in January 2005.