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Title: Daly River Project, Annual report for EL 22495, EL 22496, EL 22498 and EL 23595, for the period 6 September 2003 to 5 September 2004
Title Holder / Company: Troy Resources
Report ID: CR2004-0482
Tenure: EL22495;  EL22496;  EL22498;  EL23595
Year: 2004
Author: Otterman, D
Geological Province: Pine Creek Orogen
Map250: Pine Creek SD5208
Map100: Daly River 5070
Mine or Prospect: Anomaly A
Subject: Base metals
Precious metals
Data compilation
General geology
Abstract: Daly River is located approximately 145 kilometres south of Darwin in the Northern Territory. Deposits of copper, lead and zinc have been mined sporadically from veins and lodes in the Daly River region since the late 19th century. Approximately 7,000 tonnes of oxide ore grading 20% to 30% copper has been produced. Modern mineral exploration, since the 1960's, using geophysical and geochemical techniques, resulted in the discovery of several small volcanogenic massive sulphide (VMS) deposits, which to date have been prohibited from exploitation by their small size and uneconomic grade. Exploration for gold in the area has been minimal. Troy Resources NL currently holds the area, including all the old mines, prospects and new discoveries, under four granted exploration licences and two exploration licence applications. Troy has carried out little exploration work in the area having been restricted both currently and in an earlier period of tenure by other stakeholder ownership disputes. The project area has potential for discovering additional base-metal deposits and gold and a number of inadequately tested and untested targets generated by previous explorers are available for immediate follow-up. Also, it is anticipated that other targets can be generated through surveys resulting from the appraisal of the large volume of data in existence. This report summarises exploration work carried out on Daly River Project group reporting Exploration Licences EL 22495, EL 22496, EL 22498 and EL 23595 for the period 6 September 2003 to 5 September 2004.
Appears in Collections:Minerals Exploration Reports (MEX)

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CR2004-0482_Daly_River_Annual_Report_2004.pdf14.42 MBPDF Add
CR2004-0482_Expenditure_reports.pdf1.07 MBPDF Add
Expenditure_EL23595.pdf310.39 kBPDF Add

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