Relinquishment report for the period 5 December 2007 to 4 November 2011 for EL 26018 Mittiebah

Abstract

A desktop review of the tenement area was undertaken as part of a regional assessment of Mantle's Barkly Project Area during 2007 and into early 2008. This work provided the basis for a program of field reconnaissance during the 4th quarter of 2008, which did not reveal any obvious signs of mineralisation (P, U, base metals) at any potential sites identified by the desktop studies. No field work was undertaken on the Barkly Project between December 2008 and August 2009 as Mantle undertook steps to conserve resources and confirm ongoing exploration funding as a consequence of the Global Financial Crisis. During the period late November to early December 2009 seven (7) reverse circulation drillholes were completed as part a broad spaced reconnaissance pattern throughout EL 26018 adjacent to accessible station tracks. However, none of the holes were completed within the relinquished areas. The results of this work have indicated that the discovery of a large deposit of phosphate mineralisation was unlikely to be present within these relinquished areas of EL 26018.