Relinquishment (final surrender) report for EL 23590 Frances Creek East, for the period 28 February 2003 to 25 June 2010

Abstract

This report summarises work completed on the Frances Creek East EL 23590 for the period from grant on 28 February 2003 to complete surrender of ground on 25 June 2010. The most recent Annual Report for the tenement was completed by Hassall (2010). Two previous Partial Relinquishment Reports were completed by Vivian (2006b) and Hassall (2008). Individual Annual Reports for the tenement were completed by Vivian (2004, 2005, 2006a, 2007), Wetherley (2008) and Hassall (2009, 2010). A significant amount of reconnaissance style exploration and geological programmes have been undertaken within EL 23590 during the seven (7) year plus grant period of the tenement; however, all work to date has demonstrated there is very limited potential for iron mineralisation on the ground. Hence the Company has now decided to relinquish this tenement to allow other explorers access to the ground. Total expenditure for the entire grant period for the tenement was $36,357.