Annual and Final Surrender Report for EL 26221 14 January 2015 Tennant Creek

Abstract

Exploration activities undertaken during 2013 - 2014 within the Ewan Edward Project Group continued to highlight the potential for the area to host significant ore grade gold and copper mineralisation. The size of the Ewan Edward tenements area is such that it takes considerable time to comprehensively map the whole area. Field observations made during the early life of this project area were made without the benefit of the structural understandings developed following work on other project areas held by Truscott in the mineral field. The new knowledge and understandings now being applied means that much of the area now needs to be reviewed and reassessed within a different intellectual framework. Work in the 2014 dry season continued to focus on combining geological field mapping with existing geophysical mapping (EL 27731 only) to further refine the new structural model for the project area. However current research has shown that this model when applied to EL 26221 was unlikely to fall wholly within existing tenement boundaries. This made the possibility of a major mineralised junction occurring on tenement EL 26221 low and the Tenement was surrendered on the 14th of January 2015. There were no Geophysical maps made of this area 5 and the cover of unmineralised Ooradidgee Group rocks is substantial, no drilling or vegetation disturbance has occurred on his tenement.