Partial relinquishment report on EL 24815 Pine Creek Project, for period 18 April 2006 to 17 April 2012

Abstract

Exploration on the relinquished portion of tenement 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, soil sampling and flying of an airborne electromagnetic survey in conjunction with Geoscience Australia. Results of the work completed downgraded the prospectivity of the relinquished portion of EL 24815 with no significant geophysical or geochemical anomalies identified within the area. The ten rock chip samples and 79 soil samples collected within the relinquished portion of EL 24815 returned no significant results.