Partial relinquishment report for EL 25426 Turner's Dome Project 19 March 2007 to 18 April 2010

Abstract

EL 25426 was granted to Cabe Resources Pty Ltd (Cabe) on 19 March 2007. The EL consists of 500 sub-blocks of approximately 1,590 square kilometres. Yellow Rock Resources Limited acquired EL 25426 from Cabe in November 2007. Yellow Rock Resources limited is the operating partner of the licence. In April 2010 as part of the statutory requirements 50% of the Tenement was relinquished leaving 250 blocks of the eastern part extant. Work completed by Yellow Rock Resources on the relinquished 250 block of the tenement has consisted of a desk top search of past exploration carried out and a review of publicly available literature of the geology of the area. It was concluded that no further work was warranted on the western half of EL 25426 and in compliance with Northern Territory Department of Resources regulations 250 blocks making up the western half the tenement area was dropped in May 2010.