Partial surrender report EL 25573 Mt Skinner East, Mt Skinner Base Metal Project 30 July 2007 to 29 July 2011

Abstract

Exploration consisted of regional reconnaissance work, a helicopter-borne electromagnetic survey in the western most part of the tenement in 2007, and a helicopter assisted gravity survey infilling part of the regional Arunta gravity survey undertaken by the NTGS and Geoscience Australia in 2008. No significant targets were generated by the VTEM and gravity surveys, nor was evidence of significant base metal mineralisation noted as the result of field reconnaissance. Intercept considers the prospectivity for base metal of the relinquished portion of the tenement to be low.