Final Report on EL 25789, 9 July 2008 to 25 October 2013

Abstract

The project area is located within Palaeoproterozoic Tennant Creek Inlier which comprises the Ashburton province to the north and Davenport province to the south. Much of the tenement area is covered by thick sand sheets, relict fluvial system, often covered by sand and uncommon colluvium and scree deposits. Interpreted geology of the project areas shows that it mainly contains rocks of Junalki Formation, Ooradidgee Group and undifferentiated granite, which are all buried below surficial cover which may be 10's of meters thick. During the period under review, an appraisal of data collected during previous exploration programs was undertaken. Geochemical sampling program, undertaken during the previous reporting period returned some significant REEs and Zr concentrations from the overlying sandy cover. Interpretation of high resolution geophysical survey has also shown some significant anomalies in the north-eastern part of the project area. Due to surficial cover, it is important that suitable drilling techniques are utilised to intersect bed rock geology. A number of field visits were undertaken in order to assess the mineral potential of the project area. Appraisal of geological, geochemical and geophysical data indicated mineral potential of EL 25789. However, project area did not meet the core business activities of the company and, as a result of that, EL 25789 was terminated on 25 October 2013.