Partial relinquishment report for EL 25291 for the period 12 February 2007 to 12 February 2009

Abstract

This report outlines exploration activities undertaken by North Australian Diamonds Limited on EL 25291 between the 13 February 2007 and the 12 February 2009. EL 25291 is situated on the Walhallow 1:250,000 geological mapsheet and the Lancewood 1:100,000 topographic mapsheet in the Batten Region of the Northern Territory. It is located approximately 120 kilometres south of Borroloola and is accessed via existing unsealed tracks leading north from Kiana Station. Field work completed during the reporting period included geological reconnaissance of historic positive sample sites and inspection of major drainages for suitable bulk stream gravel sampling sites. The potential of the licence to host uranium mineralization was assessed by internal staff and external consultants. As a consequence of the work undertaken, this portion of the tenement was recommended for relinquishment.