EL29013 FIRST ANNUAL REPORT For period from 16/05/2012 to

EL29013 FIRST ANNUAL REPORT
For period from 16/05/2012 to 15/05/2013
AILERON PROVINCE PROJECT NT
Mount Peake SF5305
Willowra
5455
1:250,000
1:100,000
Commodity: Gold, Uranium, Copper, Zinc-Lead, Iron, Phosphate
Titleholder: Tropical Resources Pty. Ltd
Report No. 2013-015
Tropical Resources Pty. Ltd
By Mingjin HOU
11st July 2013
Annual Report EL29013
Report 2013-15
CONTENTS
1. SUMMARY................................................................................................................ 1
2. LOCATION AND ACCESS......................................................................................1
3. TENEMENT STATUS AND OWNERSHIP........................................................... 3
4. GEOLOGY.................................................................................................................4
5. PREVIOUS EXPLORATION...................................................................................5
6. EXPLORATION DURING YEAR 1........................................................................ 6
7. PREPARING EXPLORATION FOR YEAR 2....................................................... 6
8. EXPENDITURE........................................................................................................ 6
9. CONCLUSION AND RECOMMENDATION.....................................................6
10. REFERENCES....................................................................................................... 7
List of Figures
Figure 1 Location Map of EL 29013 ......................................................................... 2
Figure 2 Landholders and Lease Numbers displayed inside EL 29013.................. 3
Figure 4 Geological Map of EL 29013..................................................................... 4
List of Tables
Table 1 List of the previous exploration Licenses...................................................5
Table 2 Expenditure on EL29013...........................................................................6
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1. SUMMARY
EL 29013 is about 980Km of SSE1680 of Darwin, and about 280km of NNW3400
of Alice Springs, just 100km of west side of the Stuart Highway. Tropical
Resources Pty Ltd applied for EL29013 primarily to explore for Gold, Uranium
and secondly to evaluate the potential for other types of economic mineralisation
such as Iron and Phosphate.
Work during Year 1 of tenure consisted of a review of NTGS data and Open
File Company reports (geological and geophysical), and a short field trip.
Work during Year 2 will include field reconnaissance, data evaluation and
progressing to geological and geophysical survey.
2. LOCATION AND ACCESS
EL 29013 is about 980Km of SSE1680 of Darwin, and about 280km of NNW3400
of Alice Springs, just 100km of west side of the Stuart Highway (Figure 1).
Access is along the Stuart Highway from Darwin. There are several rough road
can be reach to the Lease. Topography is plains, several rivers cross the land.
Access is advisable in the dry season only. The Willowra station is located on
the northwest corner; it can be a stop site during the field work.
The tenement has numerous creeks which can flood in heavy rains during the
wet season.
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Darwin
Alice Springs
Figure 1 Location of EL29013 in Topography
(Red polygon show former EL areas, green polygon show remained blocks)
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3. TENEMENT STATUS AND OWNERSHIP
EL 29013 was granted on 16th June 2012 and expires on 15th June 2018 for a
term of six years. It comprises 94 graticular blocks (277.92 sq km). Tenement
reduction for the end of first year was undertaken with 63 of 94 blocks dropped
(figure1) (99.22 sq km). There are no other mining leases or mineral claims
shown within the License boundaries.
Underlying cadaster is Perpetual Pastoral Lease. Landholder is as below: NT
Portion 361, Pastoral Lease 1057,Anningia Anmatjere STUART(Figure 2).
The expenditure covenant set for the first year was $24,100.
NT Por 361
Figure 2 Landholder and Lease Number displayed inside EL 29013
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4. GEOLOGY
EL29013 is situated within the Aleron Province, a wildly quaternary sedimentary
cover the tenement. The 1:250,000 Geological map covers the tenement area
(Mount Peake, 2005). The bad-rock of the tenement area show as Figure 3.
Figure 3 Geological Map of EL 29013 from 1:2500000 geologic map
The tenement areas lie upon geology of the Arunta Region and more specifically
of the Aileron Province. The Arunta Region is a complex basement inlier in
central Australia that has undergone aprolonged history of sedimentation,
magmatism and tectonism extending from the palaeoproterozoic to the
Palaeozoic. The Arunta Region can be subdivided into the three, largely fault
bounded terranes with distinct geological histories: the Aileron, Warrumpi and
Irindina Provinces.
The Aileron Province comprises greenschist to granulites facies metamorphic
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rocks with protolith ages in the range 1865-1710 Ma. It forms part of the North
Australian Craton and is geologically continuous with the gold-bearing Tanami
and Tennant Regions to the north. In contrast, the Warrumpi Province comprises
amphibolite to granulite facies rocks with protolith ages in the range 1690-1600
Ma, and is interpreted to be an exotic terrane that accreted to the southern
margin of the North Australian Craton at 1640 Ma. Several sub-economic
occurrences of copper-lead-zinc, gold, Uranium, tin, tungsten, tantalum, mica,
nickel, chromium and semi-precious stones are known from the Arunta Region.
There is significant potential for gold in the northern and western Aileron
Province adjacent to the Tanami Region, and untested base metal potential in
the Warrumpi Province.
5. PREVIOUS EXPLORATION
Exploration has been carried out in the area since 1973 but just only one
company worked on this area(Some of them show in Table 1), Exploration
primarily involved rock chip, soil and stream sampling for gold and some base
metal analysis.
Table 1 List of the previous exploration Licenses
EL Number
Expiry Date
Company Reports
EL50
6/02/1973
CR1973-0007|CR1974-0030
EL51
17/01/1973
CR1973-0008|CR1974-0031
EL775
CR1972-0034|CR1973-0170
EL4187
CR1984-0141
CR1998-0060|CR1996-0912|CR1994-0383|CR19
EL7559
11/12/1997
94-0184|CR1993-0085|CR1996-0047|CR1999-00
28|CR1999-0029|CR1996-0173|CR1995-0107
EL8717
14/07/2000
EL9535
17/07/2002
CR1995-0585|CR1996-0637|CR1997-0504|CR19
96-0793|CR1997-0616|CR1998-0654
CR1997-0505|CR1998-0655
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6. EXPLORATION DURING YEAR 1
During first year, Tropical Resources exploration consisted of historic data
compilation including tenure, datasets, open file reports and geo-referencing of
relevant maps. This enabled an informed review of the tenements prospectively
in regards to Gold and Uranium, Copper, Zinc-Lead, Iron and Phosphate. Field
reconnaissance was also completed.
7. PREPARING EXPLORATION FOR YEAR 2
Working program for Year 2 included:
a) Some geological surveying
b) Proposal Geophysical survey after Geological survey
c) Proposal IP Section survey
Expenditure is expected to be at least $35,000.
8. EXPENDITURE
Expenditure consisted of:
Table 2 Expenditure on EL 29013
$2,000.00
Ground Geological survey
Office studys
$22,000.00
Overheads
$2,000.00
TOTAL
$26,000.00
9. CONCLUSION AND RECOMMENDATION
The exploration target is Gold and Uranium, Iron and Phosphate.
However through analysis of historical exploration data and superficial
traversing of EL 29013, most of the area is covered by Quaternary
sedimentary, w i t h no large scale host rock Gold occurrences.
T R C reduced blocks at the end of year 1, from 94 to 31. Next year, TRC
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geologist plan to complete a Geophysical survey with a focus on the basement
rocks, phosphate, base metals and Iron.
10. REFERENCES
Donnellan N, 2006. Mount Peake, Northern Territory (Second Edition). 1:250
000 scale geological map, SF 53-05. Northern Territory Geological Survey,
Darwin.
Copyright
This document and its content are the copyright of Tropical Resources Pty Ltd.
The document has been written by Tropical Resources Pty Ltd for submission to
the Northern Territory Department of Mines and Energy as part of the tenement
reporting requirements under the Mineral Titles Act 2010.
Any information included in the report that originates from historical reports or
other sources is listed in the “References” section at the end of the document.
Tropical Resources authorise the Department to copy and distribute the report
and associated data.
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