Annual and final report EL 8845 Lake Buck North Eastern Tanami Project from 23 March 2001 to 22 March 2011

Abstract

EL 8845 is situated about 600 kilometres northwest of Alice Springs and was explored as part of the North Eastern Tanami project for gold. The tenement was originally granted to AngloGold Australia Limited on 23 March 2001 and was, with a group of other tenements, purchased by Tanami Exploration NL, a wholly owned subsidiary of Tanami Gold NL, a publicly listed company in June 2005. These tenements were then sold to ABM Resources NL in December 2009. No exploration was conducted during the tenth and last year of term. Over the ten year of tenure exploration was completed by AngloGold, TENL and ABM. It included a geological re-interpretation, airborne geophysical surveying, petrographic analyses and Post hole drilling. The drilling was completed in 2001. The maximum over all assay result from the drilling was 0.051 ppm in hole NOPH0309.