EL 27542 Bridging tenement report for the period 24 March 2011 to 14 April 2012

Abstract

EL 27542 was visited during early May 2011. A total of 18 rock samples were collected within this tenement. One in-situ sample returned a Mn value of 3.8% from a creek to the southeast of the tenement. This on its own is not considered of significant interest; more important is the unknown source of the mineralisation. One in-situ Magnesium occurrence (with a value of 23.4% Mg) was discovered and is proposed to be considered a new mineral occurrence (Snow White). The mineralisation consists of magnesite (MgCO3) and appears to lie within the Heavitree Quartzite based on the NTGS 250K scale map. It is more likely that the mineralisation lies within the Bitter Springs Formation as this Formation contains common magnesite associated rocks (dolomites, evaporates, gypsum and halite clasts). Two samples were collected from the occurrence but only one was assayed at this stage. Although this occurrence is not of very high grade it is anomalous and is recommended to be followed-up at a later date. Several other areas within the tenement were visited and sampled with no other significant findings.