Final annual and final surrender report for EL 25232 'Trewallah' McArthur River Project 8 November 2006 to 23 February 2009

Abstract

EL 25232 'Trewallah' formed part of the McArthur River Project. The tenement was situated 640 kilometres southeast of Darwin in the McArthur Basin in the Northern Territory. It was granted to Brumby Resources Limited (Brumby) on 8 November 2006 and was surrendered on 23 February 2009. Exploration in the first year of tenure consisted of extensive open file research and acquisition of regional geological mapping data of the McArthur River Basin. Previous historic work outlined a zone of anomalous secondary and primary copper mineralisation. In the second year of tenure a project review was carried out, which led to the relinquishment of 22 blocks of 37 blocks. Also the tenement was included in joint venture offers. No work was carried out in the third year.The title was surrendered.