Carrara Project Partial relinquishment report EL 29557, 21 January 2013 to 28 February 2017

Abstract

This document is submitted as a Partial Relinquishment Report for EL 29557, which is part of the Carrara Project. The Carrara project is deemed prospective for shale-hosted massive sulphide deposits (SHMS) containing zinc (Zn), lead (Pb) and silver (Ag). The Project area hosts lateral equivalents to the Lawn Hill Platform's Upper McNamara Group members, which hosts the world class Century deposit. Ground was applied for in 2012 following a preliminary desktop study by Teck's Zn Generative team. Historically exploration on the project has been focused on exploring for SHMS mineralisation around the Carrara Ranges, but excluding the relinquished portion of EL 29557. Teck Australia completed limited exploration on the north-eastern portion of the relinquished tenure, comprising 9 magnetotellurics readings and 148 gravity readings. No anomalies of interest were identified The 75 sub-blocks were relinquished as part of a compulsory reduction requirement.