Partial relinquishment report for EL 30689 Little Cone, Bigrlyi JV Project period ending 17 July 2015 to 24 March 2017

Abstract

EL 30689 was converted from historical title application MLN 1953 and was granted in July 2015. The tenement covers the Little Cone uranium prospect within the Patmungala Syncline and was explored by Central Pacific Minerals in the early 1970's. Following a project review, which indicated that a significant part of the tenement included non-prospective Kerridy Sandstone and Djagamara Formation, it was recommended that the eastern three blocks be relinquished and a partial surrender was actioned in March 2017. Exploration work on the surrendered ground during the tenure period was limited to review of geophysical datasets and compilation of historical mapping results.