EL 28838 Bundy River North First relinquishment report 6 February 2012 to 5 February 2014

Abstract

A program of regional reconnaissance combined with detailed analysis of relevant open file located digital geophysical data was undertaken ie filtering, re-imaging above data to assist basement structural interpretation and more importantly depth to basement computations which showed most of the relinquished area, located north of Aileron Province basement and the onlapping Georgina Basin Neoproterozoic succession inferred boundary is deemed (1) depth prohibitive for the implementation of cost effective follow up exploration and (2) the relatively shallow depth to basement southwest corner area is underlain by inferred moderately magnetic,non-prospective granite consequently the area is relinquished.