EL 26228 Ammaroo Phosphate Project partial relinquishment report for 38 sub-blocks dropped at renewal

Abstract

The Ammaroo Phosphate Project is located 240 km southeast of Tennant Creek. The project covers 280 km of strike of the northwestern neck of the highly prospective southern Georgina Basin where it connects to the Wiso Basin. The project area contains the Ammaroo Phosphate Deposit, which is Australia's largest JORC phosphate resource, the Ammaroo South and Rockhole prospects, and significant greenfields potential. EL 26288 is being renewed and, as part of that process, it needs to be spilt into two such that each is less than the mandatory 250 sub-blocks. This report describes an accompanying voluntary reduction from 354 sub-blocks overall to 316 to precede the split. The 38 sub-blocks being relinquished all contain AAPA sites and/or CLC sites of cultural significance. No work has been undertaken on these areas. EL 26228, amongst all others in subsidiary company names, is being transferred from Rum Jungle Resources' wholly owned subsidiary Central Australian Phosphate to the parent company. An MMP to drill EL 26228 has been submitted to DME, but after a month is still awaiting approval.