Annual report on EL 25791 Coppock Bore from 22 February 2008 to 21 February 2009

Abstract

Geological mapping done so far indicate that the Strangways Complex consists essentially of high-grade metamorphics rocks. In EL25791, much of the area, particularly northern part is covered by recent sediments. In the southern part of the tenement rocks of the Arunta Block may dominate which have been overlain by recent sediments including alluvium, red sand accumulation and minor calcrete. TMI image of the project area shows that under the recent sedimentary cover, particularly the southern part of the area is dominated by basement rocks of the Arunta Block. An AEM and gravity survey of the project area was undertaken during the reporting period ending on 21 February 2009. Exploration activities also included literature review and a detailed technical review which identified base metals and gold potential of the project area. AEM survey revealed that sedimentary sequence is not thick enough to facilitate hydrological regime which may be responsible for surficial/channel type uranium mineralisation. In the next reporting period, detailed geological mapping of the area will be undertaken. A campaign of RC drilling will be conducted to access to bed rock geology. Geochemical samples collected during mapping and drilling will be analysed for base metals, gold and uranium.