Final surrender report EL 28003 Siegal Project for the period 23 December 2010 to 10 January 2017

Abstract

The tenement forms the last remaining part of Redbank Copper Limited's, Siegal Project area which is located 300 km south east of the township of Borroloola near the Northern Territory/Queensland border. The tenements cover a sequence of the Siegal Volcanics of the Tawallah Formation. The tenements are prospective for breccia pipe hosted copper mineralisation. During the reporting period work no field work was completed within the tenement. The tenement was partially surrendered as part of scheduled partial relinquishment obligations on four occasions. The tenement was finally surrendered as exploration scope was deemed as limited within the small remaining area.