ELR 146 The Embayment Annual Report from 19 September 2012 to 18 September 2013

Abstract

During 2012 this tenement was subjected to a regional airborne FALCON gravity survey. This survey included not only gravity but also acquired magnetics and LIDAR high resolution elevation data. The line spacing was approximately 200m and at the time of writing this report the survey has been processed and is undergoing varying modelling and GIS integration procedures. Approximately 54.5 line km of data acquisition fell on this tenement. A large scale scoping study was also undertaken to assess the potential of an underground sulphide mining operation. The study consisted of resource modelling, stope design and underground engineering, flotation studies and existing plant redesign. At time of writing this report the final scoping study document was unavailable and will be included in next year's report. Territory Iron carried out reconnaissance work along with collecting 17 rock chip samples. Amendments to the current MMP were also submitted in regards to a planned drill program for 2013-14.