Partial relinquishment report EL 30039 13 May 2014 to 12 May 2016

Abstract

The work completed by Argeco over relinquished blocks of EL 30039 included review of historical open file geological, geochemical, and Landsat data and processing and interpretation of open file geophysical data covering the tenement. There was no field reconnaissance visitation to relinquished blocks. At the end of the current reporting period there was a partial reduction of blocks from 72 to 51 blocks. The reason for relinquishment was that retained blocks were considered the most economically prospective for the mineralisation being sought and containing or likely to contain targets of interest with relinquished blocks considered of less economic interest.