EL 23436 Sargents Annual report for the period 30 December 2009 to 29 December 2010

Abstract

The recognition of a major NNE trending structural corridor approximately 2km wide trending N to NE within the tenement consisting of HQB (hematite quartz breccia) and strongly deformed country rocks significantly increased the prospectivity of the tenement. In November 2010 the tenement was flown with helicopter borne detailed aeromagnetics and EM (part of a survey covering all Compass tenements in the Batchelor district). Flightlines within EL 23436 were E-W at 150m spacing with a nominal terrain clearance of 35m. N-S tie-lines were flown at 1km intervals. Approximately 40 line kilometres of survey were completed within EL 23436. These surveys were completed in November 2010 with the contractor supplying the raw data in late December 2010. Unfortunately an error in the altitude information in the raw data supplied by the contractor was identified in January 2011 with corrected data for final modelling not expected until February 2011.