Final report for MCN 3705, MCN 3706 and MCN 3707 Woolwonga, 9 November 2009 to 19 August 2016

Abstract

No exploration activities were reported in 2010 as Newmarket Gold took over the titles from the receivers of GBS Gold. During 2011-12 exploration over the Woolwonga mining tenements consisted of a project review, a high resolution VTEM survey (for around 44 line kilometres) and the collation and scanning of historic documents and reports archived at the Brocks Creek document library. Preliminary results from the VTEM survey, highlights the geophysical high of the Woolwonga gold deposit. Further analysis of the data is required to determine if any new anomalies exist. In 2012 Newmarket Gold purchased GeoEYE satellite imagery which covered this title and around the Woolwonga Mine, plus reviewed the historic geochemical sampling and geophysical work completed on the title in conjunction with the detailed review of the 2011 VTEM survey including target generation. The document review database continued during the year with a planned completion date in 2013. Also during the year Newmarket Gold conducted prospectivity mapping and analysis. No work was completed on these titles in 2014 outside reporting and the continued review and ranking of projects such as the Woolwonga deposit. Newmarket Gold has made the decision to relinquish all titles surrounding the Woolwonga deposit to allow another party to conduct exploration activities in and around this deposit.