Kaili Resources Limited announced The Northern Territory Department of Tourism and Trade has advised the Company of its intention to grant the tenement under ELA 32665 (Gidyea) for the entire area of the application located in the Gold and Base Metal Prospective Warramunga Province of the Northern Territory. Geology of the Region: The tenements are located in the mineral rich Paleoproterozoic Warramunga Province (shaded brown) and flanked by the younger Palaeoproterozoic Davenport Province (shaded green). The Provinces are flanked by the Cambrian Wiso and Georgina Basins to the west and east respectively. The Warramunga is represented by the Ooradidgee Group and the Davenport by the Hatches Creek Group; both comprise various sedimentary units including sandstone, siltstone, limestone and dolostone as well as felsic to mafic volcanics. Very lowgrade regional greenschist metamorphism associated with folding and faulting has affected the Paleoproterozoic rocks. Locally there are indications of lower amphibolites facies metamorphism in the volcanics. The Cambrian age sediments include sandstone, conglomerate, dolostone and chert. Fossiliferous units occur in the younger Cambrian stratigraphy. Intrusive igneous rocks include sills of granophyre, microgranite and feldspar porphyry, sills, dikes and irregular bodies of dolerite and gabbro and, granites of varying ages. The igneous suites both pre and postdate the various deformational episodes. The placement of the Ooradidgee Group into the Warramunga Province has opened up new economic implications for the region, given the world class Tennant Creek coppergoldbismuth deposit style occurs in similar aged rocks. In the case of Gidyea, the presence of anomalous gold in ferruginous sediments of what have been mapped as Ooradidgee Group is very encouraging. Planned Exploration: Within the first two years following grant the following activities are planned: Detailed review of all historic exploration including digitising of historic maps and exploration data; Geological and regolith mapping; Surficial geochemical sampling; Ground based geophysical surveys such as magnetics and gravity; and Shallow aircore drilling of the interface between transported sediments and residual bedrock.