Annual Technical Report EL 27369 Mount Russell Year 2, 2010 to 2011

Abstract

EL 27369 lies 100 km north-east of Alice Springs, and encompasses a portion of the Hale River east of Claraville homestead. Originally a negative magnetic anomaly coinciding with an interpreted large lineament was the reason for lodging an application licence here. However first year work showed little alteration or mineralisation associated with this structure. A new target was required. Second year work concentrated on the REE potential. Previous workers highlighted the Paradise Well area as being a source of monzonite and allanite (upto 10% REE-Th). No sample locations were given, nor was there any useful guide as to where the samples were from. This still remains a mystery. In response, year 2 work followed up the REE leads. NTGS airborne thorium anomalies were ground inspected with no anomalous thorium observed. 35 soil and 5 rock chips were taken. The eastern portion of EL 27369 towards the McLeish yards returned negative soil results, the soil and rock chips taken near Paradise Well returned encouraging levels of Cu-Ag. Visible malachite and massive magnetite lag was observed in track cuttings. This provides some encouragement for year 3. Ten blocks were relinquished on the anniversary.