Final relinquishment report for EL 10300, for the period 4 June 2001 to 24 December 2007

Abstract

This is the final relinquishment report for EL 10300. As such, it details all exploration activity conducted over the licence for the period 4th June 2001 to 24th December 2007. The tenement was originally part of the Central Desert Joint Venture (Legend 2 Agreement) between AngloGold Ashanti Ltd and Otter Gold NL and became part of the Tanami Exploration Agreement (TEA). It is located approximately 650 km northwest of Alice Springs along the Tanami Track, 35 km southwest of the Tanami Mine. Between June 2001 and June 2002 208 regional and regional infill surface samples were collected from EL 10300 During November to December 2002 a regional aeromagnetic survey (By Otter Gold NL) was conducted over the tenement as part of the Deep Cover program designed to determine methods of exploring under transported cover. Details of the survey can be found in reports previously submitted to the Northern Territory Mines Department. In 2006 an aircore drilling program (28 drillholes, 1065m, 303 samples) was conducted on the tenement. In 2006 a gravity survey was completed in the MacFarlanes area by Fugro Ground. There were 2380 stations at 1km spacing, 62 of which were located on this tenement. The survey was carried out to get a better understanding of the large structures in the area, especially the intrusions.