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DC Field | Value | Language |
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dc.date.accessioned | 2022-04-26T00:06:49Z | - |
dc.date.issued | 2016 | |
dc.identifier.govdoc | CR2016-0117 | |
dc.identifier.uri | https://geoscience.nt.gov.au/gemis/ntgsjspui/handle/1/92096 | - |
dc.description.abstract | This Annual Tenement Report provides a synthesis of the activities undertaken across EL 28855 ('the Licence') for the period of 16th January 2015 through to the 15th of January 2016. The Lease was granted on the 16th of January 2004 and was managed by TM Gold Pty Ltd, formerly a wholly owned subsidiary of Thor Mining PLC since mid-2011 under a farm in agreement with Western Desert Resources Limited. On the 16th of December 2016, Thor Mining PLC entered into an option agreement to sell 100 percent of Spring Hill Project via the sale of TM Gold Pty Ltd. At this stage PC Gold Pty Ltd ('PC Gold') has purchased a 60 percent interest in TM Gold Pty Ltd and complete operator control of the project. PC Gold Pty Ltd can purchase the remaining 40 percent interest in TM Gold Pty Ltd via paying $1.5M cash consideration within 12 months of signing. While no exploration activity was undertaken during the 2014 - 2015 reporting period, the tenement remains prospective with a combination of known gold mineralisation at prospects including Steve?s Gully and Zbonski as well as other untested exploration targets. Significant potential exists for additional mineralisation to be developed which would enhance the viability of the existing Spring Hill resource. TM Gold intends to resume exploration and development of this project once funding is available. | |
dc.subject.classification | Precious metals | |
dc.subject.classification | Gold | |
dc.subject.classification | Tin | |
dc.subject.classification | Base metals | |
dc.subject.classification | Topography | |
dc.subject.classification | Geology | |
dc.subject.classification | Regional geology | |
dc.subject.classification | Local geology | |
dc.subject.classification | Previous exploration | |
dc.subject.classification | Literature reviews | |
dc.subject.classification | Data compilation | |
dc.title | Annual Tenement Report EL 28855 3 February 2015 to 2 February 2016 | |
dc.relation.isatmap100 | Pine Creek 5270 | |
dc.relation.isatmap250 | Pine Creek SD5208 | |
dc.relation.isatgeolprovince | Pine Creek Orogen | |
dc.description.stratname | South Alligator Group | |
dc.description.stratname | Koolpin Formation | |
dc.description.stratname | Zamu Dolerite | |
dc.description.stratname | Gerowie Tuff | |
dc.description.stratname | Mount Bonnie Formation | |
dc.description.stratname | Burrell Creek Formation | |
dc.description.stratname | McKinlay Granite | |
dc.identifier.tenure | EL28855 | |
dc.description.modifyhistory | 03/05/2016 | |
dc.description.modifyhistory | 14/03/2022 | |
dc.contributor.holder | TM Gold | |
dc.contributor.holder | PC Gold | |
dc.identifier.collectionname | Minerals Exploration Reports (MEX) | |
dc.identifier.govdocprefix | CR2016 | |
local.flag.notified | 1 | |
Appears in Collections: | Minerals Exploration Reports (MEX) |
Files in this Report:
File | Size | Format | Add to Download |
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EL28855_2016_A.pdf | 494.19 kB | Add |
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