Bridging report to cover exploration activities over MLC's 650, 651, 653, 01 January 2000 to 31 August 2007

Abstract

Mineral Leases 650, 651 & 653, Argo Authorities Group, were acquired by Santexco Pty Ltd (Santexco) to cover access and service corridors vital to the continuing operations of Peko's mining activities in the Tennant Creek area. Mining activities at Peko are no longer held by Santexco (a wholly owned subsidiary of Emmerson Resources Pty Ltd), but with substantial tenure holdings in the Tennant Creek area Emmerson wishes to use these tenure as cover over access and service corridors vital to any future mining activities in the Tennant Creek area. This bridging report records the exploration work done on these group of tenure during the term 01 January 2000 to 31 August 2007. MLC 650 - Road access from Peko Road to Waggaridge Dam, to enable the conveyance of water. MLC 651 - Electrical power line route from Peko Mine to the Tennant Creek Pastoral Lease boundary, providing power transmission access to the Argo Mine. MLC 653 - Tennant Creek by-pass road and Warrego Road from Peko Road to Phillip Creek Pastoral Lease boundary, providing transportation access from Argo to Warrego.