Tomkinson Project Annual and Final Report 5 December 2016 to 23 March 2020 EL 31265

Abstract

EL 31265 forms part of the Tomkinson Project area located in the Northern Territory approximately 10-20km to the NW of the historical Bootu Creek manganese deposits and 100km NW of Tennant Creek. The Tomkinson Project licences formed part of the demerger of base metal assets from TNG Ltd to Todd River Resources Limited which took place in April 2017 and are now 100% owned by Todd River Metals Pty Ltd (TRM). A literature review and reprocessing of existing SkyTEM data have been completed during the licence tenure. Recent work by the Northern Territory Geological Survey, presented at AGES in March 2019 has determined through extensive geochronological work that the Namerinni Group within the Tomkinson Basin is more likely part of the younger Favenc Package than the Glyde Package as originally thought. EL 31265 was originally applied for in order to explore the area for McArthur River mine-type mineralisation as the Namerinni Group was thought to correlate with the McArthur Group of the McArthur Basin. These new stratigraphic correlations concede that this is not likely and the licence has been relinquished early in its fourth year on tenure on 23 March 2020.