Exploration partial surrender report EL 28288 Redbank Regional Project for the period 19 April 2011 to 4 January 2016

Abstract

Exploration Licence 28288 forms part of Redbank Copper Limited?s Redbank Project?, located about 300km southeast of the township of Borroloola in the Northern Territory just off the Queensland border. The tenement covers a sequence of sediments and volcanics of the Tawallah Formation and is considered prospective for breccia pipe hosted copper mineralisation. During the life of the surrendered portion of the tenement, no field work was completed. Open file geological data and data inherited from the previous tenement owner was compiled and reviewed. The surrendered portion is deemed to be the least likely area of tenement EL 28288 to be prospective for copper mineralisation and as such was surrendered as required by the NT Department of Mines and Energy.