Partial surrender report for EL 25993 Millionaires Well Project, for the period 19 November 2007 to 18 November 2009

Abstract

EL 25993 is located about 200km north of Alice Springs and forms part of the Mt Skinner Base Metal Project, and the adjacent Millionaires Well Tungsten Project. The tenement was granted to Uramet Minerals Limited (Uramet) on 19 November 2007. Work within the surrendered portion of the tenement from time of grant until surrender includes a literature search of open file reports and other available data including regional geophysics, and field reconnaissance. A review of available data along with field reconnaissance failed to define any high priority exploration targets within the surrendered area, hence the area being relinquished.