Partial relinquishment report for EL 28124 Baldwin for the 16 February 2011 to 10 August 2015

Abstract

During Year 3, the tenement holders entered into a JV with the Modern Mineral Group Pty Ltd (MMG). MMG commissioned UTS Geophysics to acquire magnetic and radiometric data acquisition on EL 28124 and the adjacent tenements held by Bralich and Riding. Approximately 1100 line km was flown north-south at 100m traverse spacings on EL 28124. Magnetic interpretation of the area suggested an unusual linear zone of magnetic highs between the regional Delny Shear Zone and the Entire Point Shear Zone. Part of this magnetic area lies within EL 28124. As required by the DME, a partial relinquishment was required in 2015. 24 blocks have been retained in EL 28124, whilst 6 graticular blocks outlying this structural zone, were deemed less prospective, and in addition to having heritage restrictions, were relinquished on the 10 August 2015.