EL 29589 Mount Hodgson Annual report for the period 22 July 2013 to 21 July 2014

Abstract

A desktop study was undertaken to investigate the relationship between mineralisation and the various lineaments that have been identified within Australia. In this study, the mineral deposit databases from each State or Territory were used to identify areas of known mineralisation. In June 2013, Fugro Airborne Surveys Pty Ltd (FAS) undertook an airborne TEMPEST electromagnetic survey for MMG Management Pty Ltd, over the Vic River Project areas in the Northern Territory. The data for the 'test area' was made available to Australis by MMG as the area tested overlaps ground held by Australis. The TEMPEST survey carried out by MMG has identified numerous (perhaps 20) deeply located narrow bands of increased conductivity. These appear to die out within 25-100 metres of the surface, possibly due to the effects of weathering. They may represent vertical or sub-vertical vein mineralisation striking NE similar in style to that found on the surface. In some areas the conductive area is quite intense and these may represent areas of increase mineralisation and perhaps an exploration target.