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Title: Annual Technical Report EL 29976 Goodall/Great Northern for the period 20 January 2016 to 19 January 2017
Title Holder / Company: North Queensland Mining
Monax Mining
Report id: CR2017-0024
Tenure: EL29976
Year: 2017
Author: Ferris, G
Abstract: Exploration Licence 29976 (the licence) is located approximately 30 km East of Adelaide River township and consists of 2 square sub-blocks. The area is situated within the Pine Creek Orogen region, which is highly prospective for gold mineralisation. The area has long been a target for exploration and North Queensland Mining believe the area is highly prospective for an economic gold deposit. Monax entered into a Farm-In Agreement with North Queensland Mining Pty Ltd to undertake exploration on EL 29976. Monax undertook the following activities in relation to EL 29976: Desktop studies - Reviewed past exploration company reports and interpret geophysics; Three field trips to the license were undertaken during the reporting period; General prospecting and mapping was conducted on the licenses while in the field; A total of 30 rock chip samples were collected from EL 29976 in the first year and assayed for gold only (previously reported); A further 11 samples were collected during the current reporting period. Based on the current results and results from drilling in the area on a different tenement, Monax decided to withdraw from the Mt Ringwood project.
Date Added: 21-Oct-2024
Appears in Collections:Minerals Exploration Reports (MEX)

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