First annual and final report for EL 27736 Red Bluff project

Abstract

EL 27736 was originally pegged as part of Rum Jungle Resources? Tennant Creek tenement package and was considered mainly prospective for Tennant Creek-style iron oxide copper-gold (IOCG) ore bodies and possibly uranium. It was ideally located between the historical mines at White Devil, Orlando, Explorer 13, Ivanhoe and Curlew. Priorities on ELs within Rum Jungle?s Tennant Creek package and between this group and other Rum Jungle projects have varied depending on available access given the wettest season on record for many parts of the NT, changing company priorities, exploration success elsewhere, commodity prices, discussions re farm-out opportunities, community attitudes and Government policy and actions (especially regarding uranium). A geological reconnaissance of EL 27736 revealed that most of the EL was unprospective Tennant Creek Granite, either in outcrop or under shallow cover. The geological targets; the exposed Warramunga Formation, the granite aureole, and corridors of structural deformation; were restricted to small areas and showed no signs of mineralisation. Desktop studies failed to generate any leads and no other ground work was conducted. EL 27736 was surrendered in its entirety.