Final and annual report on EL 25791 Coppock Bore from 22 February 2010 to 21 February 2011

Abstract

EL 25791 is located about 1400 km south of Darwin and 84 km North of Alice Springs. The tenement was applied for on 7 December 2006 by Legend International Investments Pty Ltd and was granted on 22 February 2008 for a period of 6 years. Originally, it covered 8 blocks (22.53 km2), however, in 2010, 4 northern blocks were surrender in order to meet NT Mining Act requirements. The geological mapping done so far indicate that the Strangways Complex consists essentially of high-grade metamorphics rocks. In EL 25791, 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. During the term of the licence, all historical exploration data were retrieved and a technical review of the tenement was undertaken. Geophysical and geological modelling of the project area was undertaken, which suggested that tenement lack the mineral potential of interest. As a result of that EL 25791 was surrendered in 2011.