Year 3 relinquishment report for EL 25228 Howley Creek, for period ending 22 November 2009

Abstract

EL 25228 is East of Adelaide River and Territory Uranium Company Pty Ltd is exploring for uranium and Gold within this tenement. At the end of year two 48 blocks were relinquished as part of the second year compulsory relinquishment required by the act. At the end of Year 3, 32 blocks were relinquished as part of the third year compulsory relinquishment. This report details the work done by Territory Uranium (TUC) on the surrendered ground. Work completed by Territory Uranium consisted of a review of previous exploration, drilling, rock chip samples, scintillometer traverses and a radiometrics flight, followed by an additional sampling program. None of the work performed by Territory Uranium was carried out on the relinquished ground.