Third annual and final report for EL 26655 Gecko North

Abstract

EL 26655 was only a single isolated sub-block located 3 km northwest of the old Gecko Mine at Tennant Creek. The EL was granted for six years in August 2008. During the first year of tenure, as part of a larger survey, approximately 30 line km of airborne geophysics were flown N-S at 100 m line spacing and at 40 m flying height with a Fletcher FU24 Aircraft. Raw line data was sent to Southern Geoscience Consultants in Perth for processing. Field work for the second year of tenure consisted of using a scintillometer and a hand-held XRF to prospect and ground-truth geophysical and geochemical anomalies. Five field XRF scans were taken; some showed elevated arsenic. A soil sample, analysed by handheld XRF back in the office, showed elevated levels of zinc. None of the geochemical anomalies warranted further follow-up. A desktop review in year three determined that all likely targets had been field checked and failed to generate any new leads. In the opinion of Rum Jungle, EL 26655 had been definitively tested. The EL was surrendered as part of a rationalisation of the company's Tennant Creek holdings. Rum Jungle remains committed to exploring in the NT and is currently focussed on its Karinga Lakes potash project and Barrow Creek 1 phosphate.