EL 27711 McArthur Project Annual Report 9 July 2012 to 8 July 2013

Abstract

The introduction of a new Exploration Manager in mid-2012 resulted in the review of all TNG projects, compilation of base maps with topographic and geological underlays for field purposes and construction of an excel database of previous exploration data for each project. Due to a significant amount of work being carried out on Enigma's Mount Peake and Mount Hardy projects limited work was undertaken on EL 27711. Major field expenditure was reduced during the June and September Quarters this year, however Enigma expects activities to resume during October, once funding/capital raising activities have been completed. Review of historical reports has outlined the Woologorang Formation within the Tawallah Group as being the sequence with prospective lithologies (silty dolomite, bituminous siltstone, shale and algal chert), geophysical anomalism, and also anomalous base metal geochemistry to host mineralisation of this type. The extent of the Woologorang Fm is shown extending through EL 27711 and into ELA 30085. The sequence wraps around the Mallapunyah Dome (basement volcanics), dipping at shallow to moderate angles away from the centre and is exposed over some 17km of strike extent. Field work, focussing on ground checking existing anomalism and pXRF sampling will be carried out before the beginning of the wet season with the HeliTEM scheduled for 2014. It is hoped that drill targets will be generated from the HeliTEM which can be followed up in further years.