Annual and final report for EL 25842, for period ending 5 September 2008

Abstract

EL 25842 was acquired to investigate airborne radiometric uranium anomalies within the Neoproterozoic Victoria Basin province. The work carried out on EL 25842 during the first 12 months included a review of geophysical data and a helicopter-assisted reconnaissance inspection of airborne radiometric anomalies. Red Metal Limited consider no further work is warranted on the EL for assessing uranium potential. The work carried out on EL 25842 during the first 12 months included a review of airborne radiometric data and a helicopter-assisted reconnaissance inspection of airborne radiometric anomalies. The main zones of high radiometrics were traversed on foot with an Exploranium GR135 spectrometer. Traversing the anomalous zones revealed the source of the radiometric anomalies is the contrast between green dolomitic shale of the Angalarii Siltstone unit (200 cps) exposed at the escarpment of the overlying Pinkerton Sandstone (40 cps). EL 25842 was acquired to investigate airborne radiometric anomalies. Reconnaissance ground inspection concluded the source of the radiometric anomalies is the contrast between green dolomitic shale of the Angalarii Siltstone unit exposed at the escarpment of the overlying Pinkerton Sandstone.