Partial relinquishment report for EL 24639 Finniss Range Tin-Tantalum Project for the period ended December 2008

Abstract

EL 24639 occurs within the Bynoe area of the Northern Territory on the Darwin 1:250,000 and Bynoe 1:100,000 map sheets. Arnhem Resources Pty Ltd acquired the tenement through application. The permit was applied for as part of a Northern Territory tin-tantalum project. From December 2005 to December 2008 the permit was the subject of a joint venture option arrangement with Haddington Resources Limited through their wholly owned subsidiary Australian Tantalum Pty Ltd. Haddington elected not to exercise the option at the end of the third year of the permit and withdrew from the project. Arnhem therefore was responsible for the year three relinquishment (Haddington received an exemption at the end of year two). The permit was reduced from 139 to 34 blocks.