Partial relinquishment report for EL 24948 Crawford Creek for the period 3 July 2006 to 2 July 2010

Abstract

EL 24948 Crawford Creek is part of Northern Mining Limited's Central Australian project. The tenement covers two discrete geological domains: the ca. 1690-1610 Ma Warumpi Province and the Neoproterozoic to Paleozoic Amadeus Basin. The Warumpi Province is considered highly prospective for Zn-Cu-Pb-Ag (Stokes Yard-type) and Cu-Zn-(Au) vein (Mt Larrie-type) mineralisation, whereas the Amadeus Basin is highly prospective for sandstone-hosted uranium. Recent work immediately east of EL 24948 has also highlighted that some granite bodies (Teapot Granite) are prospective for U. It has not been established whether these granite bodies extend onto EL 24948. At the end of the fourth year of tenure 87 sub-blocks over the Amadeus Basin part of the EL 24948 were relinquished.