Browns Range Project EL 25207 Annual and final report for the period 12 February 2007 to 19 February 2016

Abstract

No exploration work was carried out during the 2015/2016 reporting period. During the life of the tenement the exploration focus changed from uranium to Tanami-style gold and base-metals and the mid-Proterozoic cover was considered no longer prospective. Exploration from 2007 to 2016 included: data review of previous exploration; interpretation of available regional magnetic and Landsat data; magnetic and EM airborne survey; SGC geophysical interpretation; RAB drilling, 267 holes or 8758m and; SRK review of exploration potential. On 19 Feb 2016 EL 25207 was surrendered. EL 25207 was recommended for surrender considering the minor encouragement for mineralisation from the RAB drilling results and the current exploration climate. There still could be potential for Tanami-style gold mineralisation in the western corner of the Licence, based on the desktop study by SRK. Also some of the original airborne EM anomalies remain untested.