Final report for EL 25414 Dashwood Project for the period 26 June 2008 to 27 February 2009

Abstract

The Dashwood Project comprises Exploration License 25414. The tenement is located approximately 150km west-northwest of Alice Springs. The tenement is located on the northern margin of the MacDonnell Ranges, where Cenozoic sediments of the Lake Lewis Basin cover the Proterozoic Arunta Block. Permian spores have been also identified in non-marine black clays water borehole RN4755 located near Derwent Creek, suggesting that isolated equivalents of the Amadeus and Ngalia Basin rocks may also occur beneath Cenozoic cover sequences. Exploration work during the tenure period comprised data compilation, geological mapping, airborne magnetics & radiometrics processing & interpretation, rock-chip sampling, Ground Penetrating Radar (GPR) surveys and a water-bore sampling program. Water-bore and GPR data provide targets for follow-up drilling, however the GPR data has not been thoroughly analysed. The license has been relinquished for corporate reasons.