EL 8883 Bluebush and EL 10402 Amadeus Fourth combined annual report 20 March 2004 to 19 March 2005

Abstract

Exploration Licence 8883 Bluebush and Exploration Licence 10402 Amadeus are in the Bluebush Project Area, one of a number of project areas flanking the Tennant Creek mineral field. Targets are large scale deposits of copper, lead, zinc, gold, silver and other base metals. This report records the exploration work done on EL 8883 and EL 10402 during their fourth year of tenure, from the 20th March 2004 to the 19th March 2005. During the report period the tenement underwent a quantitative/qualitative ranking, based on geological, geophysical and geophysical characteristics and other parameters covering work status, target type, land status and economics. This review has has down-graded EL's 8883 and 10402 to 'Non-Core B'. Whilst the EL's have been down graded a number of areas comprising Warramunga Formation units and moderate magnetic anomalies have been tagged for further work next year and are likely to include geochemical sampling and, pending results, follow-up Vacuum, RAB, or RC drilling.