GR308/13 Annual Report EL 29361, EL 29362 and EL 29521 Pine Creek Two Project for period ending 30 June 2013

Abstract

Tenements of GR308/13 lie approximately 190km SSE of Darwin along the Stuart Highway, approximately 35km NNW of the town of Pine Creek. Access is via good sealed roads from Darwin to Pine Creek and from thence via gravel roads built to service the various local mining centres; Brocks Creek, Mount Bonnie, Fountain Head and Port Darwin Camp and also station tracks. The tenements surround areas of extensive gold mineralisation associated with the north western extent of the Pine Creek Shear Zone. The tenements are dominated by metasediments of the South Alligator Group and the Prices Springs Granite of the Cullen Supersuite. The consolidation of Annual Technical and Expenditure requirements of the Pine Creek Projects has meant that the current reporting period does not represent a full year of exploration on the tenements; being 5.5 months for EL 29521 and 8 months each for EL 29361 and EL 29362. However, during the limited reporting period, Primary Gold has commenced a review of the publicly available regional geological and geophysical data and the compilation and review of historic data. During the 2013-2014 exploration year, activities will include an ongoing review of historic geochemical and geophysical data, with reconnaissance field visits and geological mapping. Work to date has indicated that not all the work completed by previous operators has been included in the DIPs data base and the collation and review of this information is important in making a full assessment of the projects potential.