Annual exploration report for EL 23583, for period ending 15 July 2006

Abstract

EL 23583 is close the southern perimeter of the Pine Creek township, and covers potential extensions of mineralisation south from known deposits such as Kohinoor, and Elsinore. The technical review indicated that the northern block is well placed to contain any economic extensions to mineralisation south of MCN523. The southern block of the EL is shown to contain anomalous quartz vein trends but many of these are inconveniently close to either the Stuart Highway or the Darwin-Adelaide railway. Future exploration in these areas is of a lower priority than the main mining centre to the north. Work in the next year will examine the previous work in closer detail, with georeferencing data into MapInfo, and reconnaissance work within the Licence.