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ENTERPRISE METALS LIMITED Capital/Financing Update 2021

Dec 1, 2021

64857_rns_2021-12-01_80cbf870-113e-402b-8be3-1e97aedcccc0.pdf

Capital/Financing Update

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ACN 123 567 073 ASX Release 2 December 2021

==> picture [179 x 45] intentionally omitted <==

Ennuin Gold Target Selected for RC Drill Testing at Bullfinch North WA

  • Multiple shallow high-grade gold intersections targeted for follow-up drilling

  • Gold from surface to 50 metres remains untested at depth

  • Initial phase of six ~150 metre RC drill holes to be undertaken by Enterprise at Ennuin

  • Further high priority drill targets identified at the Scorpio, Hughes and Rainbird prospects

Enterprise Metals (ENT) (“Enterprise” or the “Company”) is pleased to advise that following a comprehensive data compilation and interpretation by consultants Terra Resources Pty Ltd, (refer ENT: ASX 30 September 2021) the Company has field checked, surveyed and prioritised 4 targets (prospects) for reverse circulation (RC) drill testing. These targets are Ennuin (Target 48), Scorpio (Target 36), Hughes (Target 27) and Rainbird, (Target 32). Ennuin is the first target to be drill tested with six ~150m deep RC holes.

Between 1989 and 1993 rotary airblast (RAB) and limited RC follow up drilling was undertaken to test below several of the shallow Ennuin historic gold workings. Mapping and drilling identified three axial plane shear zones with significant gold drill intercepts. To date there has been a lack of follow up RC drilling to test these mineralised shear zones at depth. Significant results using a 20g/t Au thickness product are in Table 1 below.

Table 1. Target 48 - Ennuin Prospect - Gold Intercepts +20gm x metre Intersections

Hole
ID
Hole
Type
Local
Section
From
(m)
To
(m)
Interval
(m)
Grade
(g/t Au)
Au
(gm x thickness)
ERC010 RC 17240N 21 28 7 4.35 21.32
ERB012 RAB 17240N 0 30 30 1.54 46.2
ERB012 RAB 17240N 15 30 15 2.39 35.38
ERC007 RC 17200N 41 54 13 1.54 20.02
ERC007 RC 17200N 43 50 7 2.39 16.73
ERB003 RAB 17400N 25 30 5* 6.11 30.55
  • End of hole

TARGET 48 Ennuin

The principal lithologies within the Ennuin prospect area include metamorphosed carbonated Archean tholeiitic volcanic rocks (meta-basalt, meta-gabbros and dolerites) with subordinate siliceous Banded Iron Formation and komatiites. Foliated Archean granitic rocks flank the NNW trending greenstone belt . Refer Figure 1.

The historical Ennuin gold workings occur on the axis of an interpreted anticline, with gold anomalism continuing to the north along the axis and flanks of the anticline. The gold mineralisation in the Ennuin workings occurs within lenticular quartz reefs within sheared and brecciated fault zones within meta-basalt and amphibolitic schists.

Suite 5, 44 Kings Park Road, West Perth, Western Australia 6005. PO Box 1014, West Perth 6872 Tel: 08 6381 0392 Email: [email protected] www.enterprisemetals.com.au

ENTERPRISE METALS LIMITED Ennuin Prospect

Historical production from the Star of Ennuin and Ennuin Star -Morning Glory mines are shown in Table 2 below.

Table 2. Gold Production from the Historic Ennuin Mines

Mining
Subgroup
Ore Treated
(t)
Gold Produced
(kg)
Av. Grade
(g/t)
Star of Ennuin 600 21.7 36.2
Ennuin Star–Morning Glory 590 16.2 27.5

Figure 1. Ennuin: Geological Interpretation

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Figure 2. Ennuin: Image of 1[st] Vertical Derivative of Total Magnetic Intensity with Gold Soil Image Superimposed (Historical Gold Soil Sampling - P77/3324)

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ENTERPRISE METALS LIMITED Ennuin Prospect

Figure 3 . Ennuin: Image Showing Outcropping Geology & Historic Local Grid Drill Lines, RC Drill Collars & Polaris Auger Soil Locations

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Figure 4. Local Cross Section 17240mN, Centred on GDA94. 6594540N 060[0,] +/-10m window

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ENTERPRISE METALS LIMITED Ennuin Prospect

Figure 5. Local Cross Section 17210mN, Centred on GDA94. 6594430N 0600, +/-10m window

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Figure 6. Local Cross Section 17400mN, Centred on GDA94. 6594680N 060[0,] +/-10m window

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ENTERPRISE METALS LIMITED Ennuin Prospect

Exploration History

In 1988-89, Broken Hill Metals NL (BHM) joint ventured into tenements over the old Ennuin gold workings held by Ascot Holdings Pty Ltd. BHM undertook detailed 1:5,000 scale geological mapping and collected 511 soil samples and 41 rockchip samples for Au and base metal analysis on M77/182, in preparation for drill testing. The soil samples were assayed for gold and base metals and highlighted a number of anomalies called the “Payne” anomalies. (Edwards 1989)

In 1990 BHM drilled 32 shallow (~30m) RAB holes over the current Ennuin Prospect. (ERB001-0019, ERB023-026, ERB030-034 and ERB059-062). Initially 5 metre composite samples were assayed, and mineralised composites were subsequently assayed on a 1 metre basis. ( Edwards, 1990)

In 1992 BHM drilled 9 RC holes (ERC001-009, total 692m) to follow up the 1989 RAB hole results. A further 5 RC holes (ERC010 - 015, total 270m) were drilled, 3 of which are on the current Ennuin Prospect. (Edwards 1992)

Table 3. Target 48 - Ennuin Prospect – Significant BHM Shallow RC Gold Intercepts

Hole
ID
Max
Depth(m)
From
(m)
To
(m)
Intercept
**Auppm **
ERC002
ERC005
and
ERC005
and
and
ERC007
and
and
and
ERC008
ERC009
and
ERC010
and
ERC011
78 18 19 [email protected]
80 28 30 [email protected]
80 32 33 [email protected]
80 47 50 [email protected]
80 58 59 [email protected]
80 61 66 [email protected]
90 29 33 [email protected]
90 43 50 [email protected]
90 53 54 [email protected]
90 67 68 [email protected]
90 63 64 [email protected]
65 26 27 [email protected]
65 31 32 [email protected]
50 13 16 3m @ 1.62 ppm
50 21 28 [email protected]
50 12 13 [email protected]

Table 4. Target 48 - Ennuin Prospect – Significant BHM Shallow RAB Gold Intercepts

Hole
ID
Max
Depth(m)
From
(m)
To
(m)
Intercept
**Auppm **
ERB003 30 25 30 [email protected]
ERB004 30 0 5 [email protected]
ERB012 30 0 30 [email protected]
and 30 15 30 [email protected]
ERB015 30 20 22 [email protected]
ERB030 30 11 15 4m @ 1.25 ppm
and 30 16 18 2m @ 1.13 ppm
and 30 22 24 2m @ 1.39ppm
ERB031 30 4 5 1m @ 6.21 ppm

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ENTERPRISE METALS LIMITED Ennuin Prospect

Between 2004 and 2007 Polaris Metals NL undertook detailed geological mapping, rock chip sampling and auger soil sampling. 176 auger soil samples were taken on four infill patterns. Sample line spacing was 80m x 40m. All auger soil samples were analysed for Au (B/ETA, 1 ppb), As (B/AAS, 10 ppm), Cu (B/AAS, 1 ppm), and Ni (B/AAS, 1 ppm). Peak soil assay results were 1,193 ppb Au, 9,345 ppm As, 207 ppm Cu and 880ppm Ni

– Background Bullfinch North Exploration Project

In May 2020 Enterprise entered into a 2 year “ Option to Purchase ” phase of a Binding Terms Sheet covering the Bullfinch North Project in the Southern Cross Greenstone Belt of WA. The tenement package is owned by Nickgraph Pty Ltd. A separate 2 year option agreement was negotiated over the western margin of the greenstone belt and Lake Deborah with Mr Peter Gianni.

The project area stretches from Bullfinch in the south to Trough Well in the north and covers approximately 50 strike km’s (232 km[2] ) of granted tenements over Archaean greenstone lithologies prospective for orogenic gold deposits, high-grade massive sulphide nickel-copper deposits and lithium. Refer Figure 7.

Figure 7. Bullfinch North Project, Optioned Tenements over Simplified Geology

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ENTERPRISE METALS LIMITED Ennuin Prospect

The Southern Cross Greenstone Belt hosts more than 150 known gold deposits, which have collectively produced more than 10 million ounces of gold. The major gold deposits such as Frasers at Southern Cross, Marvel Loch, Nevoria, Great Victoria, Yilgarn Star and Copperhead (at Bullfinch) have produced the majority of these ounces. The great majority of these ounces were mined from deposits south of Bullfinch. Refer Figure 8.

Figure 8. Location of Bullfinch North Project In Southern Cross Greeenstone Belt

==> picture [478 x 345] intentionally omitted <==

By comparison, competitor gold exploration north of Bullfinch was largely focused on relatively shallow drill testing of small historic outcropping gold workings, which failed to find any major new deposits. Other impediments to successful exploration included transported overburden on the eastern and western flanks of the belt and the previous fragmented tenement ownership.

This ASX Announcement has been approved in accordance with the Company’s published continuous disclosure policy and authorised for release by the Company’s Board of Directors.

Further information, contact:

Dermot Ryan - Director

Ph: +61 8 6381 0392 [email protected]

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ENTERPRISE METALS LIMITED Ennuin Prospect

Competent Person Statement

The information in this report that relates to Exploration Activities and Results is based on information compiled by Mr Dermot Ryan, who is an employee of Montana Exploration Services Pty Ltd and a Director and security holder of the Company. Mr Ryan is a Fellow of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists and has sufficient experience of relevance to the styles of mineralisation and the types of deposits under consideration, and to the activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Ryan consents to the inclusion in this report of the matters based on information in the form and context in which it appears.

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ENTERPRISE METALS LIMITED Ennuin Prospect

Appendix 1: Historical Drill Hole Collar Details

Hole
ID
BHM
Local
East
BHM
Local
North
GDA94_50
East
GDA94_50
North
RL Depth
(m)
Hole
Azimuth
Hole
Dip
ERB001 3744 17400 688292 6594651 391 16 60 -60
ERB002 3759 17400 688302 6594660 394 19 60 -60
ERB003 3797 17400 688335 6594677 398 30 60 -60
ERB004 3807 17399 688345 6594682 399 30 60 -60
ERB005 3893 17401 688420 6594727 401 21 60 -60
ERB006 3905 17400 688430 6594732 400 30 60 -60
ERB007 3884 17240 688492 6594580 405 30 60 -60
ERB008 3871 17240 688481 6594573 405 30 60 -60
ERB009 3859 17240 688470 6594567 404 30 60 -60
ERB010 3846 17240 688457 6594560 403 30 60 -60
ERB011 3834 17240 688445 6594550 402 15 60 -60
ERB012 3800 17243 688415 6594541 399 30 60 -60
ERB013 3790 17243 688404 6594537 397 30 60 -60
ERB014 3669 17240 688299 6594475 401 30 60 -60
ERB015 3640 17240 688273 6594462 399 30 60 -60
ERB016 3628 17239 688262 6594450 399 30 60 -60
ERB017 3554 17239 688197 6594419 390 30 60 -60
ERB018 3796 17080 688487 6594395 412 15 60 -60
ERB019 3501 17080 688225 6594255 396 30 60 -60
ERB023 3805 10080 688497 6594403 412 19 60 -60
ERB024 3880 17080 688564 6594439 409 30 60 -60
ERB025 3889 17078 688873 6594441 391 19 60 -60
ERB026 3832 16920 688599 6594275 411 15 60 -60
ERB030 3627 17175 688292 6594398 390 30 60 -60
ERB031 3872 17320 688292 6594398 400 30 60 -60
ERB032 3881 17320 688440 6594644 404 30 60 -60
ERB033 3699 17320 688448 6594648 405 30 60 -60
ERB034 3691 17320 688288 6594560 392 29 60 -60
ERB059 3617 17176 688279 6594556 392 30 60 -60
ERB060 3841 17160 688490 6594490 403 11 60 -60
ERB061 3830 17160 688482 6594448 405 30 60 -60
ERB062 3819 17160 688472 6594480 403 30 60 -60
ERC001 3792 17400 688332 6594675 398 33 60 -60
ERC002 3763 17400 688305 6594660 394 78 60 -60
ERC003 3743 17400 688290 6594650 392 75 60 -60
ERC004 3840 17240 688452 6594560 403 80 60 -60
ERC005 3795 17240 688415 6594536 399 80 60 -60
ERC006 3780 17240 688397 6594530 397 100 60 -60
ERC007 2632 17200 688287 6594435 402 90 60 -60
ERC008 3673 17200 688319 6594455 403 90 240 -60
ERC009 3827 17400 688360 6594692 401 65 240 -60
ERC010 3825 17240 688443 6594550 402 50 240 -60
ERC011 3657 17200 688304 6594445 403 50 240 -60
ERC012 3812 17400 688347 6594685 399 75 240 -60

ERB: BHM RAB holes ERC: BHM RC Holes

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ENTERPRISE METALS LIMITED Ennuin Prospect

References

Denig, W., 2000, Geology of the Ennuin, Trough Well Greenstone Belt, Southern Cross Province WA. Western Areas NL Report (unpublished).

Edwards, N. M., 1989, Ennuin Project, Annual Report for the period 06/04/1988 to 05/04/1989, M77/182. Broken Hill Metals NL (unpublished).

Edwards, N. M., 1990, Ennuin Project, Annual Report for the period 01/01/1989 to 01/01/1990, M77/182, 291 & 293. Broken Hill Metals NL (unpublished).

Edwards, N. M., 1992, Ennuin Project Annual Report for the period 01/05/1991 to 01/05/1992, M77/182 & 291, P77/2086-89, 2472 & 2564, Broken Hill Metals NL Report (unpublished).

Edwards, N. M., 1993: Ennuin Project Annual Report for the period ending 01/11/1993, M77/182, & 291, M77/596, P77/2734-2735, Broken Hill Metals NL Report (unpublished).

Jeffries, D. J., 1997, Ennuin Project Annual Report, P77/2734-2735, M77/182, M77/291 & M77/596, 28 November 1995 to 27 November 1996, Barcfin Pty Ltd Report (unpublished).

Keats, W., 1991: Geology and Gold Mines of the Bullfinch-Parker Range Region, Southern Cross Province, Geological survey of Western Australia, Report No 28.

Kettlewell, D. C., 2005, Ennuin Project, Combined Annual Report for the Period 31 October 2004 to 30 October 2005 for P77/3324, P77/3326, and P77/3327, Polaris Metals NL Report. No. 2005-30 Polaris Metals NL (unpublished).

Kettlewell, D., 2006, Ennuin Project P77/3324,3326-3327, Combined Annual Report C51/2005 for the Period 31 October 2005 to 30 October 2006, (Polaris Report No. 2006-28, Jackson). Polaris Metals NL (unpublished).

Kettlewell, D., 2008, Ennuin Project Surrender Report for The Period 31 October 2003 - 30 October 2007 for P77/3324 - P77/3327. Polaris Metals NL (unpublished)

Kuehnapfel, C., 2005, (September): Ennuin Exploration Report, Tenements: P77/3324, P77/3326, P77/3327, E77/485, Polaris Metals NL Report No 2005-16 (unpublished).

Kuehnapfel, C., 2005, (August): Update on Ennuin Prospect Soil Auger Geochemistry, Polaris Metals NL Report (unpublished).

Matheson, R.S., 1947, The Mining Groups of the Yilgarn Goldfield North of the Great Eastern Railway: West. Australia. Geol. Survey, Bul1. 101

Polaris Metals NL, 2005, Ennuin Tenement Group, Annual report for the period 31/10/03 - 30/10/04, Ennuin Tenement Group, for P77/3324, P77/3326, P77/3327, Jackson Sheet, Polaris Metals NL (unpublished)

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ENTERPRISE METALS LIMITED Ennuin Prospect

JORC Code, 2012 Edition – Table 1 Report Ennuin Prospect-Bullfinch North Gold Project, WA

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria Commentary
Sampling
techniques

No drilling or geochemical sampling of targets undertaken by Enterprise to date.
Drilling
techniques

No drilling undertaken by Enterprise to date.
Drill sample
recovery

No drilling undertaken by Enterprise to date.
Logging
No drilling undertaken by Enterprise to date.
Sub-sampling
techniques and
sample preparation

No drilling undertaken by Enterprise to date.
Quality of assay data
and
laboratory tests


No drilling undertaken by Enterprise to date.
Verification of
sampling and
assaying

No drilling undertaken by Enterprise to date.
Location of
data points

No drilling undertaken by Enterprise to date.
Data spacing and
distribution

No drilling undertaken by Enterprise to date.
Orientation of data
in relation to
geological structure

No drilling undertaken by Enterprise to date.
Sample
security

No drilling undertaken by Enterprise to date.
Audits or
reviews

No drilling undertaken by Enterprise to date.

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Section 2 Ennuin Prospect-Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria Commentary
Mineral tenement
and land tenure
status

The Ennuin Prospect is located within Exploration Licence 77/2325.

E77/2325 was granted on 5 April 2019 for 5 years. The tenement is held by
Nickgraph Pty Ltd.

Enterprise entered into a 2 year Option to Purchase Agreement with Nickgraph Pty
Ltd on 25 May 2020, which expires on 24 May 2022, unless extended for a further
two years until 24 May 2026.

If Enterprise Metals exercises the option to purchase the Project for cash and
shares, then Enterprise will pay Nickgraph 1.5% of the value of Minerals obtained
as a result of production from hard rock mining, capped at $1million.
Exploration done by
other parties
Ennuin Prospect

In 1988-89, BHM joint ventured into tenements over the old Ennuin workings held by
Ascot Holdings Pty Ltd. BHM’s objective was to discover a large tonnage open pitable
gold resource.

BHM undertook detailed 1:5,000 scale geological mapping and collected 511 soil
samples and 41 rockchip samples for Au and base metal analysis on M77/182, in
preparation for drill testing. The soil samples were assayed for gold and base metals
and highlighted a number of anomalies called the “Payne” anomalies. (Edwards 1989)

In 1990, BHM drilled 32 shallow (~30m) RAB holes over the current Ennuin Prospect.
(called Payne 1 Anomaly) (ERB001-0019, ERB023-026, ERB030-034 and ERB059-
062) Initially 5 metre composite samples were assayed, and mineralised composites
were subsequently assayed on a 1 metre basis. (Edwards, 1990)

In 1992, BHM drilled 9 RC holes (ERC001-009, total 692m) to follow up the 1989 RAB
hole results. A further 5 RC holes (ERC010-015, total 270m) were drilled, 3 of which
are on the current Ennuin Prospect. (BHM ceased to exist in 1992, due to losses at
its Southern Cross Corinthia gold mine)(Edwards 1992)

BHM’s tenements were eventually passed to Barcfin Pty Ltd, which conducted
aeromagnetic and geological interpretation, gridding and geochemical sampling (152
x - 2mm soil samples and 14 rock chip samples. Five shallow RAB holes (ENRB001-
ENRB005, total 212m) were drilled north along strike of BHM’s holes, with poor
results. ENDD01, a pre-collar for a diamond drill hole, was abandoned at 60m, and
diamond hole ENDD002 appears to have been drilled westwards away from the main
line of workings.

_Following the surrender of M77/182, Vernon Strange in 2000_marked out P77/3324
over the Ennuin prospect. Strange optioned this tenement and others to Polaris
Metals NL (Polaris) which listed on the ASX in 2004.

At Ennuin, Polaris undertook detailed geological mapping, rock chip sampling and
auger soil sampling between 2003 and 2007. 176 auger soil samples were taken on
four infill patterns. Sample line spacing was 80m x 40m. All auger soil samples were
analysed for Au (B/ETA, 1 ppb), As (B/AAS, 10 ppm), Cu (B/AAS, 1 ppm), and Ni
(B/AAS, 1 ppm). Peak assays returned were 1,193 ppb Au, 9345 ppm As, 207 ppm
Cu and 880ppm Ni.

These anomalies were traced for almost the entire length of P77/3324 and a further
1,300m to the SW into neighbouring E77/485 (part of the BNJV group of tenements).
The termEnnuin Shear Zone’ was adopted to describe this litho-structural zone.
The Ennuin Shear Zone was interpreted to be part of a series of ESE dipping thrust
faults which were inferred to occur along the length of the principally sinstral Southern
Cross Greenstone Belt.

Polaris reported that most of the gold workings occurred on the axis of an interpreted
anticline, with sporadic gold anomalism continuing to the north along the axis and
flanks of the anticline. They considered that the gold anomalism might represent an
extension of the known gold mineralisation to the north which had not been previously
tested. Polaris drilled 4 RAB holes (ENRB007-010, total 106m) ) over soil anomalies
north of Enterprise’s current area of interest, with no positive results.

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Geology
The Project lies within the Southern Cross Greenstone Belt, a tract of slightly- to
strongly metamorphosed rocks that were initially widespread mafic and ultramafic
volcanic rocks, sedimentary rocks, and local felsic volcanic rocks.

The overall stratigraphic column has been divided into two sequences (Griffin, 1990).
The lower stratigraphic sequence consists of basaltic and komatiitic volcanics with
banded iron formations and cherty rocks, through which clastic sedimentary rocks
become increasingly common upwards.

Mafic and ultramafic rocks conformably intrude this sequence. Unconformably
overlying the lower sequence in the northern part of the belt is a thick clastic
sedimentary unit, overlain by subaerial volcanic rocks with chemically related high-
level (sub-volcanic) intrusive rocks. The margins of the greenstone belt are defined
by occurrences of gneissic and granitoid igneous rocks. Contacts between
greenstone and granitoid/gneissic provinces are invariably sheared, and this factor,
together with generally poor exposure obscures the original relationships between the
two types of terrane.

The Project lies within the Southern Cross Greenstone Belt, a tract of slightly- to
strongly metamorphosed rocks that were initially widespread mafic and ultramafic
volcanic rocks, sedimentary rocks, and local felsic volcanic rocks.

The overall stratigraphic column has been divided into two sequences (Griffin, 1990).
The lower stratigraphic sequence consists of basaltic and komatiitic volcanics with
banded iron formations and cherty rocks, through which clastic sedimentary rocks
become increasingly common upwards.

Mafic and ultramafic rocks conformably intrude this sequence. Unconformably
overlying the lower sequence in the northern part of the belt is a thick clastic
sedimentary unit, overlain by subaerial volcanic rocks with chemically related high-
level (sub-volcanic) intrusive rocks. The margins of the greenstone belt are defined
by occurrences of gneissic and granitoid igneous rocks. Contacts between
greenstone and granitoid/gneissic provinces are invariably sheared, and this factor,
together with generally poor exposure obscures the original relationships between the
two types of terrane.

The Project lies within the Southern Cross Greenstone Belt, a tract of slightly- to
strongly metamorphosed rocks that were initially widespread mafic and ultramafic
volcanic rocks, sedimentary rocks, and local felsic volcanic rocks.

The overall stratigraphic column has been divided into two sequences (Griffin, 1990).
The lower stratigraphic sequence consists of basaltic and komatiitic volcanics with
banded iron formations and cherty rocks, through which clastic sedimentary rocks
become increasingly common upwards.

Mafic and ultramafic rocks conformably intrude this sequence. Unconformably
overlying the lower sequence in the northern part of the belt is a thick clastic
sedimentary unit, overlain by subaerial volcanic rocks with chemically related high-
level (sub-volcanic) intrusive rocks. The margins of the greenstone belt are defined
by occurrences of gneissic and granitoid igneous rocks. Contacts between
greenstone and granitoid/gneissic provinces are invariably sheared, and this factor,
together with generally poor exposure obscures the original relationships between the
two types of terrane.
Drill hole Information
Open File drill hole data has been captured for the Ennuin Prospect.
Data aggregation
methods

Not relevant at this stage of exploration.
Relationship between
mineralisation widths
and intercepts

Not relevant at this stage of exploration.
Diagrams
Refer to Figures in main bodyof this report.
Balancedreporting
Relevant geological and drilling data has been compiled and assessed and are
considered by Enterprise to be sufficient for RC drill targeting.
Other substantive
exploration data


The geophysical datasets used by Terra Resources were sourced from the GSWA
magnetic, radiometric and gravity grids. The magnetic data was derived from the
WA_20m_Mag_Merge_v1_2018 magnetic grid of Western Australia.
In particular, a1997 Finders Gold high resolution low level aeromagnetic
survey over the Golden Valley area by UTS Geophysics. The equipment used
included a Scintrex Caesium Vapour CS-2 Magnetometer guided by real-time
GPS navigation. The plane utilised was a Fletcher (FU24-950). Survey
specifications are tabled below:
Flight line direction
090 - 270 (AMG)
Flight line spacing
50m
Tie line direction
000-180 (AMG)
Tie line spacing
500m
Mean surveyheight
40-50m
Recordinginterval
10Hz(0.1 seconds)
In 2011 Western Areas NL commissioned Thomson Aviation Pty Ltd to undertake an
extensive airborne magnetic–radiometric survey over a large portion of the North
Bullfinchproject area.Surveyspecifications are tabled below:
Flight line direction East–west
Flight line spacing
100m
Tie line direction
North–south
Tie line spacing
1000 m
Total line kilometres 6578
Mean terrain clearance 50 m
Aircraft
Cessna Series 210L,VH‐THS
Magnetometer model Geometrics G822A
Radar altimeter KingKR 495B
Gamma‐ray detectorsystem Radiations Solutions Inc. RSX
Flight line direction East–west
Flight line spacing 100m
Tie line direction North–south
Tie line spacing 1000 m
Total line kilometres 6578
Mean terrain clearance 50 m
Aircraft Cessna Series 210L,VH‐THS
Magnetometer model Geometrics G822A
Radar altimeter KingKR 495B
Gamma‐ray detectorsystem Radiations Solutions Inc. RSX

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