ERA 757

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EXPLORATION RELEASE AREA 757

HIGHCLERE

- 33 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, situated in the Highclere area south of Burnie, results from the total relinquishment of EL51/2004 by Bass Metals Limited and Geoinformatics Exploration Tasmania Proprietary Limited.

The tenement was acquired for its potential to host stratiform carbonate replacement mineralisation developed within Proterozoic Burnie and Oonah formation correlates close to the western margin of the Devonian Housetop Granite. Two historical mineral occurrences occur within the ERA at Highclere and Buckby’s prospects, with a modern Zn-Pb soil anomaly at Old Park Road.

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 limited geochemical sampling.

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 David Green	telephone: (03) 6233 7596	Email: dgreen@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. This area excludes a 5 ha mining lease.

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 757 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 EL4/2005 on the MRT website.


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