EL 29044 Second annual and final report for the period 5 April 2012 to 28 February 2014

Abstract

Ground check magnetic anomaly has failed to find any significant magnetic minerals and-or rock types that could cause the positive anomaly. Further work is needed to interpret the magnetic anomaly. Field reconnaissance has failed to locate any primary outcrop of cassiterite-bearing pegmatite veins. Although the geological setting of the license area is very similar to that of the Bynoe Sn-Ta pegmatite belt, potential to find large scale Sn-Ta pegmatite in EL 29044 might not be encouraging. A few cassiterite-bearing pegmatite samples have been found among floating materials or abandoned mine waste, it might indicate there are some small scale pegmatite veins exist in the area. Handheld XRF analyze results on muscovite aggregates within these samples show that cassiterite, as well as tantalite could exist as fine-grained mineral in muscovite aggregates. Further survey work is needed to locate primary pegmatite outcrop. After a careful review, the managing board of GRIGM Resources Pty Ltd has come to the decision to surrender all the rights and interests in EL 29044