Relinquishment report on SEL 25429 Jervois, for the period ending 1 February 2010

Abstract

Substitute Exploration Licence 25429 'Jervois', is located in the Proterozoic terrain of the Arunta Inlier. The tenement is to the east and south of the mineral leases which cover the gossanous outcrop of the Jervois Mine and its extensions along strike. SEL 25429 has a total area of approximately 110.9km2 (35 blocks). MIM Exploration Pty Ltd (MIMEX) applied for the original tenement (EL10149) in September 1999 and was both manager and operator of the subsequent Joint Venture project. Exploration conducted by MIMEX focused on finding structurally controlled high grade Mt Isa-style copper and Broken Hill-style base metals mineralisation, as well as Fe-oxide associated copper -gold mineralisation. Following the termination of the joint venture, the tenement reverted to Solbec Pharmaceuticals as per the JV agreement. The purpose of this report is to detail exploration conducted by Jinka Minerals Limited within the surrendered portion of SEL 25429 during the period ending 1 February 2009. This report does not describe the previous exploration at Jervois, as this was set out in some detail in previous years' reports. No work was conducted within the surrendered portion of SEL 25429.