2005 Final report on EL 23177, period beginning 13 August 2004 and ending 12 August 2005

Abstract

Renison Consolidated Mines NL has been developing an exploration strategy in the Northern Territory since 1999. This strategy includes targeting dislocations that host economic gold mineralisation within regional structures that intersect known stratigraphical and structural features of the Pine Creek Geosyncline. EL 23177 has been deemed too far from the infrastructure at Tom's Gully to fit into the current exploration strategy, and the extensive covering of black soil has also been deemed a negative. As such this tenement has been relinquished after its second year of tenure.