Partial relinquishment report for EL 9725, 13 February 2006 to 12 February 2007, Hammer Hill Project

Abstract

EL 9725 is part of the Hammer Hill Project; a joint venture between Mithril Resources (manager) and Arafura Resources. Exploration continues over the retained part of EL 9725, where it is considered prospective for magmatic Ni-Cu sulphide deposits. The reliquished part of EL 9725 is not considered prospective for this type of mineralisation. Compulsory reduction of 21 blocks has been made to EL 9725. No field work was undertaken over the relinquished area during the 5 years of tenure, though the area was included in a desktop review and reprocessing of geophysical data. The relevant work is reported here.