A small, north-western part of a licence located immediately south of Olary township has recently been relinquished due to it having perceived minimal iron ore potential. The only work undertaken on the relinquished ground was the acquisition...
A small, north-western part of a licence located immediately south of Olary township has recently been relinquished due to it having perceived minimal iron ore potential. The only work undertaken on the relinquished ground was the acquisition along its southern edge of a very minor part of an airborne magnetic/radiometric survey conducted by UTS Geophysics for Helix Resources during October-November 2008, although the entire, 10,465 line km survey covered most of EL 4022 and Helix' adjoining EL 3956, along 100 m spaced flight lines with a mean sensor elevation above the surface of 40 m. The resulting data was subjected to 2D geophysical modelling to ascertain whether any anomalies existed which would warrant more sophisticated inversion modelling. No anomalies of interest were discerned on the now relinquished licence portion.
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