Mount Peake Project Partial relinquishment report 20 October 2010 to 23 October 2016 EL 27941

Abstract

EL 27941 was granted to Enigma Mining Limited (Enigma) on 20 October 2010. Enigma is a wholly owned subsidiary of TNG Ltd. The licence forms part of TNG's Mount Peake project area together with EL 27069, EL 27070 and EL 29578. The Mount Peake region has been partially explored for a variety of commodities including uranium, gold, copper, iron ore, bauxite and diamonds. Recent activities in the Mount Peake area have largely been directed towards U, Au and Ni. Exploration carried out on the relinquished part EL 27941 has mainly been of a regional nature. A full literature review was carried out on the historical data and review and modelling of the current geophysical data were undertaken. Targets were generated as a result of this regional exploration and these areas have been retained for further work.