Partial relinquishment report on EL 24815 Pine Creek Project for period 18 April 2006 to 17 April 2011

Abstract

Exploration activities on the relinquished portion of EL 24815 consisted of a review of existing exploration data, high level targeting utilising reinterpreted regional geophysical data, compilation of public domain geological, geophysical and other digital data, geological mapping and reconnaissance, and flying of an airborne electromagnetic survey in conjunction with Geoscience Australia. Exploration completed on the relinquished portion of EL 24815 downgraded the prospectivity of the area with no significant geophysical or geochemical anomalies identified, therefore no further exploration activity is recommended.