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Torridon Exploration TORRIDON EXPLORATION Report Compiled For FRIENDS EXPLORATION PTY LTD A Wholly Owned Subsidiary of Supersorb Environmental NL EPM 14580 FIRST PARTIAL SURRENDER REPORT Author: Stephen Turley Date: 6th March 2010 Report: KT010310R1 CONTENTS Page 1 INTRODUCTION 1 2 TENURE 2 3 GEOLOGY 2 4 EXPLORATION HISTORY 3 5 EXPLORATION COMPLETED ON THE SURRENDERED SUB BLOCKS 3 6 CONCLUSIONS AND RECOMMENDATIONS 3 7 REFERENCES 3 KT130210R1 Title & Contents.doc ii TORRIDON EXPLORATION Jeannie River Project, EPM 14580, First partial Surrender Report 1 INTRODUCTION Exploration Permit 14580 (the tenement) forms the Jeannie River Project, which is located on the Cape York Peninsular, approximately 90km north northwest of Cooktown in north Queensland, Figure 1. There is no vehicular access and the tenement can only be reached by helicopter. There is however an old mineral exploration track that heads west from the Munburra Homestead to the Wakooka outstation 4WD track (the Wakooka track). Vehicle access within the tenement would be limited to the tracks cleared by an earlier mineral explorer. The terrain is incised by the Jeannie River and its tributaries and covered by low, open woodland of eight to 10m high Eucalypts with shrubs and grasses between. There is no infrastructure. The area has a monsoonal climate with a wet season from January to May and a dry season from June to December. The average annual rainfall for the closest weather station at Cooktown Mission is 1,665mm. The proposed 2007 exploration programme was not completed due to corporate issues with Friends’ parent company Supersorb. It is planned to undertake this programme in the 2008 dry season. Figure 1 EPM 14580, Jeannie River Project, Location Plan (Showing the original shape of the tenement) JR010310R1.docx 1 TORRIDON EXPLORATION Jeannie River Project, EPM 14580, First partial Surrender Report 2 TENURE The tenement was originally applied for by Ralph De Lacey and was assigned to Friends Exploration Pty Ltd (Friends Exploration) on 15th January 2007. Friends Exploration was purchased by Supersorb Environmental NL (Supersorb). The tenement is located on Aboriginal Freehold land belonging to the Kalpowar Aboriginal Land Trust. The northern part of the tenement over-laps the Cape Melville National Park and as a result this part of the tenement is excluded from mineral exploration. On the tenement’s second anniversary two sub blocks were surrendered, see Table 1 and Figure 2 for details. Table 1 EPM14580, Tenement Details Holder Area BIM Block Sub Blocks Date Expiry Expenditure Granted Date Commitment Km2 Retained Surrendered Friends 16.5 COOK 2385 D,J,K,O,P E, H 07/03/06 06/03/10 $60,000.00 Exploration Pty Ltd COOK 2386 A,F 3 GEOLOGY The geology of the Jeannie River project is composed of Middle Devonian to Lower Carboniferous Hodgkinson Formation1 which the 1965 version of the Cape Melville 1:250,000 geological sheet (Lucas and de Keyser, 1965) describes as consisting of greywackes, slates, conglomerates and meta-volcanics. However greywackes, sandstone and kaolinised siltstones have been seen in the Jeannie River area. The Hodgkinson Formation has been intruded by Permian granites although not necessarily on Supersorb’s project. The Cape Melville geological map shows that much of the area is covered by Cretaceous sediments of the Battle Camp Formation described as consisting of quartz sandstone, glauconitic sandstone, conglomerate and sandy and silty shale. The Cretaceous sediments are flat lying and obscure much of the earlier geology. The low lying parts of the tenement are covered by up to 70m of Cainozoic cover. 1 In the Cape Mellville 1965 Explanatory Notes the Hodgkinson Formation is referred to as Middle Devonian to Lower Carboniferous but in the legend on the 1997 Cape Melville geological map (Domagala et al, 1997) the Hodgkinson Formation is described as Late Silurian to Early Devonian. JR010310R1.docx 2 TORRIDON EXPLORATION Jeannie River Project, EPM 14580, First partial Surrender Report 4 EXPLORATION HISTORY The only reported mineral exploration over EPM 14580 was by CEC, the exploration division of MIM, in the early 1980s. They discovered tin in veins within the Hodgkinson Formation. For a description of the exploration history see last year’s Annual Exploration Report, (Turley, 2007) and for more recent work undertaken by Supersorb see Turley (2008). 5 EXPLORATION COMPLETED ON SURRENDERED SUB BLOCKS No field work was undertaken on the two sub blocks surrendered. 6 CONCLUSIONS & RECOMMENDATIONS The Jeannie River project remains prospective for tin mineralisation. The tenement is currently covered by a joint venture between Friends Exploration’s parent company Supersorb and Independence Group NL. 7 REFERENCES Lucas, K.G. and de Keyser, F., 1965 Cape Melville 1:250,000 Geological Series, Bureau of Mineral Resources, Geology and Geophysics, Reprinted by the geological Survey of Queensland in 1983 Turley, S.D., 2007, Annual Exploration Report, EPM 14580 Jeannie River Project, For The Year Ending 6th March 2007, Torridon Exploration report, April 2007 Turley, S.D., 2008, Annual Exploration Report, EPM 14580 Jeannie River Project, For The Year Ending 6th March 2008 JR010310R1.docx 3 TORRIDON EXPLORATION 144º42' 144º44' 144º46' -14º44' -14º44' Nation al Park Boundary COOK2385E -14º46' -14º46' COOK2385H EPM 14580 -14º48' -14º48' Torridon Exploration JEANNIE RIVER PROJECT Date:6/3/2010 EPM14580 Author: S Turley Sub Blocks Surrendered Office: Darlington March 2008 Drawing: Fig 2 Figure 2 Scale: 1:40000 Projection: Longitude / Latitude (Australia GDA94) 0 250 500 1,000 metres 144º42' 144º44' 144º46'.
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