Approx. 300km northeast of Alice Springs, the tenement property was extensively explored for diamonds. The area under application of approx. 486km2
Over the period 2001 – 2005 Elekedra Diamonds explored the Altawarra Craton for diamonds. Whilst no sign of diamonds was found the historical explorers uncovered a significant ring structure as yet unexplained, with highly elevated rare earth elements in the minor assaying undertaken over the area. Electra considered the structure though reminiscent of kimberlite pipe structure. A traverse of soil samples identified elevated Nb and to the north elevated Cr. the report also identified elevated La and Th along the western and southern margins for the right structures. Specifically the report discussed Cr and REE enrichment near surface and the Tomahawk Beds elevated in Ce Ni U Th with up to 1,400pppm Pb. Drilling of the ring structure showed elevated REE with Ce Y La and Nd. Of the 17 potential metals that are currently highly sought after only these 4 were analysed , yet already this reports 0.1% TREO.
Further test of historical mapping where possible is of primary importance with the company encouraged by the initial results to anticipated strong elevated TREO should be present. Elevated values lie within to 10- 15m of surface. Drilling in the Southern part of the tenements identified 2.26% Pb and 1160ppm Zn at approx 20m depth with elevated Ba and F
