Annual report for EL 26071 Mt Gardiner for period ending 18 January 2011

Abstract

Blackwood undertook a reappraisal of the tenement in year three to determine its potential for bulk commodities, notably iron ore and manganese and concluded the following: Most exploration to date on EL 26071 has concentrated on the southern flanks of the Reynolds range within the uraniferous Coniston Schist and the tertiary drainage which runs to the south. Blackwood have examined the potential for Channel and Detrital iron ore and strata form manganese deposits of the Bootu Creek type and conclude that the northern flanks of the Reynolds Range between Mt Gardiner and Mt Thomas host an iron rich sequence of metasediments which have a number of reported haematite occurrences. Air magnetics are reported to suggest extensive iron occurrences along this range. A reconnaissance program to determine the potential for Channel iron and detrital iron and stratabound manganese deposits is planned for year 4. Within this iron rich sequence on the northern flanks of the Reynolds Range lies a dolomite unit with surficial manganese in a shallow marine sequence similar to the Bootu Creek Manganese Mine. The Northern Territory DoR website reports sampling of surface enrichment up to 58% Mn.