Ascot Bore EL 27435 Annual technical report for period 13 April 2012 to 12 April 2013

Abstract

Work completed on EL 27435 during the reporting period included a short field reconnaissance program and an aeromagnetic survey. In late September, field reconnaissance using a helicopter was completed in the northern region of the tenement. The aim of the trip was to determine the location and quality of outcropping basement rocks. This reconnaissance was also used to determine the feasibility of completing surface geochemical sampling programs over the area. An aeromagnetic survey was initially planned for November 2012 but was postponed due to landholder concerns. The rescheduled survey began in March and was completed by mid-April. The survey was completed by Fugro and involved 50m flight line spacing and with a 35m ground clearance over the entire tenement - in total ~8700 line-kms. As of the writing of this report, MMG is still awaiting final data release from Fugro. As these data are not available at this time they will be included in the next reporting year.