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46 Independence Group NL

EXPLORATION

LAKE MACKAY JOINT VENTURE

Early in FY2014, IGO entered into an exploration joint

venture with ABM Resources, which has the potential

for IGO to earn up to a 70% interest in a portfolio of

tenements in the Lake Mackay Project. The project includes

7,200 square kilometres of exploration licences and a

further 5,000 square kilometres of exploration licence

applications.

The central project area is approximately 460km west-

north-west of Alice Springs and is accessed via the Tanami

Road, then along the Central Mount Wedge-Newhaven-

Nyripi Road. The Lake Mackay region falls into the Great

Sandy Desert Bioregion and is comprised of predominantly

semi-arid sand plains with sand dunes.

The area is very remote and has been the focus of very

little work by past explorers. IGO is exploring for Tanami-

style orogenic gold and magmatic nickel copper and

volcanogenic massive sulphide (VMS)-style mineralisation.

The exploration approach has been to blanket the project

area with high-resolution surface geochemical sampling

and follow-up any anomalies with air core drill testing.

The underlying land tenure falls within areas covered by

the

Aboriginal Land Rights (NT) Act

and as such access

by explorers is covered by very stringent protocols under

a Deed of Exploration with the Central Land Council.

All work programs must be submitted to the Central

Land Council for approval and meetings are held with

Traditional Owners to discuss the proposed activities.

Lawrence commenced work in the mining industry

in 2000. He started as an Environment Officer then

moved into underground truck driving. He has been

in his current role for four years.

“As a truck driver I’m in contact with almost

everyone on my crew. I like the work and the

people. I like the fact that everybody looks

out for each other’s safety.”

Lawrence George

Underground Mining Team

Jaguar Operation