Third annual report 30 September 2004 to 29 September 2005 EL 23286 Corridor 3

Abstract

In 2004 Giants Reef submitted a number of Mining Management Plans (MMP) for exploration programs within the Southern Project area. EL 23286 is included within the Mining Management Plan for Authorisation 0179-01, West TC8 Project Area. The main work completed during the year comprised collection and entry of all available exploration data into Giant's Reefs GIS and Micromine databases. Work also included a number of field trips into the tenement to examine outcropping Warramunga Formation in the north east region of the tenement and the southern region of the TC3 magnetic anomaly. A detailed ground gravity survey was completed of the area immediately west of EL 2386 and extending over some 12 km, from the Extension to the TC8 deposit (including Malbec and Chariot deposits). Although EL 23286 was not included in these surveys, the encouraging results and the delineation of numerous promising anomalies has provided greater confidence for extending the gravity survey into the license.