Annual and final report for EL 24255 for the period 13 October 2011 to 28 July 2015 Warrego North

Abstract

Interpretation of the aeromagnetic data acquired by Sipa identified a number of magnetic anomalies and one classic 'bulls eye' Tennant Creek style magnetic anomaly which are known to host Cu?Au mineralization in the Tennant Creek mineral field. A review of historical data showed that significant shallow copper mineralisation is present at the Chook prospect on EL 24255. Modelling of the Chook and Chook North magnetic anomalies indicated pipe-like bodies possibly caused by iron-oxide alteration, with depths to the top of the bodies estimated to be 120?150m and 135?150m respectively. After a further review Meteoric decided that the results of did not warrant further exploration and EL 24255 was surrendered on 28 July 2015.