EL 23545 Mt Peake Pastoral Partial Relinquishment Report for the period 19 December 2002 to 18 December 2004

Abstract

EL 23545, Mt Peake Pastoral covering an area of 1,523 km2 is located approximately 250 km north-northwest of Alice Springs in the Northern Territory. The licence was initially granted to Anglo American Exploration (Australia) Pty Ltd and then transferred to Continental Nickel NL, a fully owned subsidiary of Goldstream Mining NL on 8 September 2004. This partial surrender report describes activities conducted on the 769.7 km2 portion of the licence that was relinquished during the reporting period 19 December 2002 to 18 December 2004. Exploration activities have included a review of previous exploration conducted, initial field reconnaissance rock chip sampling (one sample), a soil sampling program (115 samples) and a TEM survey.