Final report for EL 25469 Sliding Rock Well for the period 2 March 2007 to 24 August 2009

Abstract

This report summarizes work carried out on EL 25469 for the entire tenure period up to 24th August 2009 when the tenement was surrendered. EL 25469 was granted to A W Mackie and G J Bubner on 2nd March 2007. The licence was purchased by WDR Base Metals Pty Ltd, a wholly owned subsidiary of Western Desert Resources Ltd, on 2nd May 2007. The tenement area was reduced by 50% at the end of the second year of tenure. The tenement is located about 65km north east of Alice Springs in the southern part of the Northern Territory. The project area falls within the Aileron Province of the Palaeoproterozoic Arunta Block, which is aged between 1840-1760Ma. The local geology is complex. Strongly deformed rocks of the Arunta Block occur to the north and south of folded outliers of Heavitree Quartzite and Bitter Springs Formation of the Amadeus Basin. The tenement covers the western end of the Winnecke Goldfield. Gold was discovered in the area around 1900. Mining activities took place between 1901 and 1905, and also between 1933 and 1937, with about 1500oz of gold produced. The gold mineralisation in the Winnecke Goldfield occurs in quartz veins within the sediments of the nappe and in altered basement rocks along its northern margin. Exploration has been conducted in the area since 1978 by a number of companies for base metals, gold and diamonds. No economic deposits have been discovered. Western Desert Resources Ltd (WDR) undertook airborne magnetic/radiometric and EM surveys over the southern part of the EL in late 2007 and early 2008. A ground magnetic survey was conducted over part of the Sliding Rock Well prospect in April 2008. A helicopter-borne field assessment and mapping programme was conducted in April 2009 over part of this EL. No further exploration or field work was carried out on EL 25469 during the current year. EL 25469 was surrendered on 24th August 2009.