The exploration rationale behind the decision by CNW Pty Ltd (CNW) to apply for EPM 16768 over some 112 km2 of countryside (35 sub-blocks) in the Mount Oweenee district on Barrington Pastoral Holding lay in the knowledge that the granitic phases of the Siluro-Devonian Lolworth Batholith underlying much of the terrain encompassed by the application hosted medium-high tenor auriferous, ferruginous quartz-(breccia) reefs akin to the deep mesothermal vein" type so characteristic of the Charters Towers Goldfield.

During the reporting period ending 28th November 2019, Broughton Minerals Pty Ltd further developed its targeting over the tenement. A review of the prospectivity of EPM 16768 was also carried out and as a result 5 sub blocks were relinquished.