Final technical report for EL 22534 'Lucy Creek East' for the period 17 October 2002 to 15 June 2006

Abstract

The Altjawarra diamond project is located on the North Australian Craton, which represents an amalgamated terrain that was consolidated around 1,800 Ma. From a diamond exploration perspective, the significance of the North Australian Craton is that it hosts all of Australia's diamond mines to date including the recently discovered diamondiferous Merlin kimberlites located on the eastern portion of the North Australian Craton. Of particular importance is the age of the Merlin pipes, which have been dated as Devonian (~380 Ma). Elkedra Diamonds are targeting this same kimberlite event, or a possible younger event or events, in the southern Georgina Basin. During the final year, a review of previous data was undertaken together with new geochemical analyses are reported. No target was identified and hence tenement was surrendered.