2005 Final report on EL 22386, period beginning 19 September 2004 and ending 18 September 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 22386 has been deemed too far from the infra structure 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.