Partial relinquishment report for EL 24948 Crawford Creek for the period 3 July 2006 to 2 July 2011

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 and REE. It has not been established whether these granite bodies extend onto EL 24948. At the end of the fifth year of tenure 34 sub-blocks over the Amadeus Basin part of the EL 24948 were relinquished.