Final and annual report, 25 August 2010 to 21 August 2012

Abstract

There has been little activity since the grant of the licence. From 25 August 2010 to 24 August 2011, a geological analysis was undertaken on the licence. Airborne geophysical data was analysed, where it was concluded that identified mineral occurrences were too small to warrant further investigation. Assays of samples from radiometric anomalies did not show significant potential. Results of high Thorium but low Uranium did not warrant further sampling programs. From 25 August 2011 to 21 August 2012, Fergus did not undertake any significant on ground exploration. Fergus undertook a site visit and allowed a geologist to conduct field reconnaissance. Fergus decided to relinquish the licence shortly after this field visit.