EL 23532 North Ringwood, Annual and final report 13 February 2003 to 17 January 2014

Abstract

A final review was completed of all available gold exploration data for the North Ringwood Field. It was concluded that the possibilities for discovering substantial low grade hardrock and alluvial gold resources, concealed by superficial cover in and around Pelican Prospect, had not been fully explored. However, given the remoteness of the location, the limited wet season access, and low prevailing gold prices, it was concluded that ongoing exploration was not at that time warranted. Accordingly the tenement was surrendered on 14th January 2014.