EL 23818 Tennant Creek Project annual report for the period 15 October 2003 to 14 October 2004

Abstract

Work during the year consisted of a review of historical data, compilation of regional geological and aeromagnetic data and a field inspection carried out in March 2004. The regional geological and aeromagnetic data was obtained from the Northern Territory Geological Survey (NTGS) and Geoscience Australia. A planned gravity survey, to be carried out in conjunction with gravity surveys over other areas of Troy?s tenement holding in August and September 2004, was postponed pending the grant of nearby tenement, EL 23831, which covers the prospective horizon between the Juno and Eldorado mines. It is anticipated that the gravity survey planned for EL 23818 will proceed when EL 23831 is granted.