Reduction report for EL 28764 Davenport Range 2 November 2016 to 1 November 2017 Elkedra Pound Project

Abstract

Elkedra Pound Project is situated in the southeast Davenport Province in the central part of Northern Territory, 315 kilometers north northeast 24.5 degree of Alice Springs. Historical activity centered at Hatched Creek, tungsten mineralisation was discovered in the area about 100 years since 1913, the tungsten mineralisation occurs in steeply dipping variously orientated narrow quartz veins which cut the Ooradidgee Group and also postdate the Hatches Creek Group folding event. They are postulated to originate from the Elkedra Granite and similar granites in the region (Blake et al., 1986). There are three types of mineralisation: wolframite-scheelite in lodes in gabbro; cupriferous wolframite in lodes in acid porphyritic volcanic rocks; Wolframite in lodes in sedimentary and volcanic rocks. EL 28764 was granted in November 2011, and the tenement covered 91 graticular blocks on Elkedra Station, located about 100km east of Barrow Creek in the Northern Territory of Australia. Most areas of EL 28764 located around the Elkedra Pound region, it is comprised of an ellipse of Coulters Sandstone, forming the hills of the Davenport Range. These hills limit access with wheeled vehicles. The core is comprised largely of dacite, rhyolite and ignimbrite of the Newlands volcanics. There are an overlying sequence of mostly felsic Arabulja Volcanics in the north and northwest. These volcanics show strong radiometric anomalism. During 2012-2016 period, Australia Mining and Gemstone Co. Pty. Ltd (AMG) reviewed all historical data, including geophysical and geological information from STRIKE, with the hope of finding some Zinc, Lead and Copper et al mineralisation. During Year six, AMG continued to dispose historical data in MapInfo. No reconnaissance was carried out. AMG focused on prospecting activities around the Kurinelli goldfield. The Elkedra Pound Project exploration target is low temperature hydrothermal Au, Ag, Cu, Pb, Zn mineralisation. These mineralisation are related to bigger fracture zones. Thorough analysis of satellite photo and aeromagnetic data, haven't displayed gradient zones or bigger fracture zones in this tenement or stratigraphically conformable magnetic sources that clearly outline geological structures. Therefore AMG will renew south-eastern areas of the EL, due to their higher mineral potential; additionally there is a granophyre in the south-eastern part of the EL. AMG staff intends to seek narrow fracture zones or quartz veins for Au, Ag, Cu, Pb, Zn mineralisation.