2008 Partial relinquishment report for EL 24666

Abstract

Lagoon Creek Resources Pty Ltd is currently exploring for sandstone hosted, unconformity related uranium in a number of Northern Territory tenements including EL 24666. Following on from work undertaken in this tenement Lagoon Creek Resources has decided to relinquish. This report contains the details of the sub-blocks that are to be released and retained and outlines the work carried out within those sub-blocks that are to be released. The work included a desk top review by Lagoon Creek Resources geologists, a report by an independent geologist, a search by the Aboriginal Areas Protection Authority for culturally significant areas, re-working of open file geophysical data and flying an airborne geophysical survey to collect 6940.2 Total Line Kilometres of magnetic and radiometric data with a nominal height of 50 m and traverse line spacing of 200 m.