Year 2 Annual Technical Report for EL 27412 Rosewood

Abstract

The tenement covers 2 small bullseye style magnetic anomalies adjacent to a regional NE trending fault. A literature review and magnetic interpretation confirmed the area is of interest and requires more follow up work in year 3. The magnetic unit was possibly an unrecognised Proterozoic mafic intrusive beneath the Antrim Flood basalts, however work during the second year, could not prove or disprove this concept. Detailed literature reviews suggested the basalts may in fact be suitable host for Norilsk style Ni-Cu-PGE. Interpretation of the two anomalies gave a source depth of about 800m. Although previous explorers have explored these concepts, a Norilsk style deposit has not been discovered in the Kimberley region at all. Furthermore, no explorers have discovered any significant mineralisation in the area.