ERA 756

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EXPLORATION RELEASE AREA 756

ERRIBA

- 77 km² -

Date for lodgement of applications: 23 November 2009

Mineral categories available for application under the ERA:
Category 1 - Metallic Minerals and Atomic Substances and any other mineral category that may be available within the defined area.

This ERA lies within the Cambrian Mt Read Volcanics belt, centred about 10 km northwest of Cethana in northern Tasmania. It results from the total relinquishment of EL51/2004 by Bass Metals Limited and Geoinformatics Exploration Tasmania Proprietary Limited.

The prospective Cambrian sequence crops out extensively in the western part of the licence in the Winterbrook area but is largely concealed by Cainozoic cover in the east. The Winterbrook sequence is correlated with the Tyndall Group and includes abundant volcaniclastic sedimentary rocks with minor felsic to intermediate lava and intrusive units. In the east of the tenement, the Cambrian sequence is correlated with the underlying Western Volcano-sedimentary Sequence and represents the along-strike continuation of the units which host a significant VHMS-style alteration zone at Cethana.

Recent exploration within the ERA by Bass Metals Limited includes the creation of a 3D model, processing of ASTER data to identify areas of anomalous alteration, and a 295 line km VTEM survey.

Data sets available for the area include high-quality 200 metre line spacing airborne magnetic and radiometric data collected under the Western Tasmanian Regional Minerals Program, regional gravity data, and 1:25 000 scale digital geology and associated digital databases.

Further information is available from:

Mike Vicary	telephone: (03) 6233 8452	Email: mvicary@mrt.tas.gov.au
Dr Marcus McClenaghan	telephone: (03) 6233 8379	Email: mmcclen@mrt.tas.gov.au
or Dr Geoff Green	telephone: (03) 6233 8335	Email: ggreen@mrt.tas.gov.au

Due to scale limitations some tenements and areas not subject to the Mineral Resources Development Act,
and therefore unavailable for tender, may not be depicted in the diagram.

The exploration release system offers newly available ground at a nominated date, at least two months after expiry, revocation or surrender of a licence. During that time the area is unavailable for application.

After the end of the moratorium period applications may be lodged, for Exploration Licences or Mining Leases, by courier, registered mail or in person for the whole or part of the ERA. Applications for ERA 756 may be made on 23 November 2009 and up to four working days thereafter. All applications received during this five day period will be treated as simultaneous and have equal priority.

Applications with equal priority will be considered and decided on merit. If no applications are received during the five day application period the area becomes open ground for 'over the counter' application.

APPLICATIONS

Application forms may be obtained from the Registrar of Mines or downloaded from the MRT website.

REPORTS

A listing of available reports may be obtained by searching on tenement EL51/2004 on the MRT website.


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