EL 10052 Red Bluff Final report 17 August 2001 to 16 August 2011

Abstract

Emmerson's considers the area covered by EL 10052, now covered by SEL 28774 to be highly prospective. During 2010 Emmerson applied the VRMI concept to the area revealing extensive VRMI anomalism. Drilling of this anomalism confirmed the presence of ironstone, although assay results were mixed. Emmerson's application of HeliTEM and the success of the 'Proof of Concept' drilling of HeliTEM anomalies in the Gecko Area has increased the potential for EL 10052. Emmerson will continue with 'Proof of Concept' drilling for the remainder of 2011, should success continue then during 2012, Emmerson will look to conduct further HeliTEM surveys of its highest ranked prospective areas, EL 10052 (now SEL 28774) would be one of these, with the aim of identifying areas HeliTEM targets within the VRMI anomalism for drill testing. Emmerson considers EL 10052 to be highly prospective and is encouraged by early interpretations of the HeliTEM and VRMI data and will continue exploration over the area under the newly granted SEL 28774. EL 10052 expired on 16 August 2011. Emmerson considers the area covered by EL 10052 to be highly prospective therefore the area covered by EL 10052 was included in an SEL application, SEL 28774 which was granted to Emmerson on 26 September 2011.