Final surrender report for EL 25665 Wongalara Project

Abstract

EL 25665 was located about 580 km east of Darwin. It was accessible via the Stuart Highway through Pine Creek and Katherine and on to the Central Arnhem Road. The tenement was granted to Whitvista Pty Ltd on 7 September 2007 and surrendered on 7 August 2009. It comprised of 417 sub-blocks with a total area of approximately 1,387 km2. During the first year, the Company's consultant geologist Brian Davis prepared an Exploration Program for EL 25665. Due to the high interest in exploration in the Northern Territory during that period, the companies field crew and consultant geologist were unable to complete the proposed program during the expenditure year. The Company had also planned airborne surveys to be completed but was not achieved during the expenditure year. During the second year, the company decided to focus its exploration in other areas and therefore surrendered the tenement on 7 August 2009.