Relinquishment report EL 26054, 5 September 2008 to 4 September 2012

Abstract

The exploration work done to date has not successfully explored EL 26054 for the presence of phosphate mineralisation. What limited work that has been done has proved that the transported soils effectively are geochemically blanketing the underlying rocks. The only effective way to examine the underlying strata is by drilling using Reverse Circulation methods. A detailed study has identified six areas prospective for phosphate, of which three are considered high priority. None of these are contained in the relinquished area.