EL 24951 Partial Relinquishment Report for Muckay for the year ended 2 May 2015

Abstract

Exploration activities conducted by Scriven Exploration during the first year of tenure included a literature review and a Geophysical Survey combined with planning. From years two to four (2012-2015) 76 surface samples were taken within the relinquished ground over two areas and three programmes. The maximum manganese result was 294ppm Mn. The maximum Au result was 0.049ppm Au - this result was not backed up by further sampling. During 2015 the relinquishment of the mandatory portion of the ELs 24951 saw the Exploration Licence reduce from 22 blocks (63.7 km2) to 10 blocks (29.3 km2). The ground was partially relinquished because of increasing tenement costs.