Partial relinquishment report for EL 26710 Booda Bore for the period ending 23 October 2011

Abstract

This partial relinquishment report describes exploration activities completed over a relinquished portion (comprising 24 blocks) of EL 26710. Exploration is aimed at the discovery of economic phosphate deposits proximal to the Alice Springs-Darwin railway. Such deposits are known to occur in shallow marginal marine sediments at the western edge of the Georgina Basin, similar to MAPL's Wonarah project located approximately 200 km to the east-southeast. Preliminary research involved a study of the airborne magnetic data and phosphorus assaying of water bore cuttings. Geochemical soil sampling was then completed in an effort to identify anomalous trends in P-U-Th, with a total of 9 soils, 1 rock and 9 maglag samples taken over the relinquished part of the tenement. Due to the low order assay results, this portion of the tenement was relinquished.