Relinquishment report for EL 28877 Wingate for the period 14 March 2012 to 13 March 2016

Abstract

The exploration target is Proterozoic iron-breccias hosted mineralisation within the Soldier Creek Granite (Olympic Dam type). To date exploration on the project has focused on indoor research (about 3 months), including literature search, reprocessing of data from previous owner and DME, general research, report preparation, and a route geological survey of about 10km. As a result of the intensive low-impact exploration activities, data collection and analysis that have been carried out over the past two years on EL 28877, CALR is now in a position to more clearly define targets and refine exploration efforts on the tenement. The findings that have emerged to date suggest that CALR should relinquish the southern portion of the tenement as they are considered the least prospective for U.