Annual report on EL 24282 and EL 24283

Abstract

These titles are targeting gold associated with the thrusted basal contact of the Amadeus Basin. The exploration model is based on an analogy with the Witswatersrand Basin in South Africa. The presence of deep-seated shear zones and thrust faults, high geothermal gradients, the presence of sulfide-bearing quartz veins and other sulfides are seen as conducive to the transport and deposition of hydrothermal gold. Particular interest is focused on the unconformity at the top of the Bitter Springs Formation in the Phillipson Thrust Sheet. Drill targets have been selected but delays with AAPA clearances have prevented work.