Annual report for EL 24363 for the period 13 October 2011 to 12 October 2012

Abstract

Sipa conducted an aeromagnetic survey with 50m line spacing and 37.8 line km on EL 24363. Whilst the survey was planned for July 2011, it was delayed by mustering activity on Phillip Creek Station. The survey finally commenced on 22 September 2011 in the previous reporting period and was completed, processed and interpreted in this reporting period. Importantly, the magnetic survey has identified a number of magnetic anomalies. Some of these anomalies may be stratigraphic, but a number also appear to relate to structures. The magnetic anomalies warrant surface soil/auger and white ant hill sampling. If these surface geochemical surveys identify anomalies RAB drill testing is warranted.