Partial relinquishment report for EL 25600 for the period ended August 2009

Abstract

Phosphate Australia Limited acquired the tenement by application on 14 September 2006 due to the presence of the historical phosphate occurrences at Alexandria, Alroy and Buchanan Dam. At the end of permit year two (22 August, 2009) 220 blocks were surrendered reducing the permit to 280 blocks (908 km2). EL 25600 is part of Phosphate Australia's East Georgina Phosphate Project and has group reporting status. To date, most of the company's efforts have been focussed on the Highland Plains Phosphate deposit located on EL 25068. Expenditure for EL 25600 in 2009 was $11,718 out of $2,566,974 expenditure for the project. No on-ground exploration activities were carried out on any of the relinquished areas of EL 25600.