Relinquishment report EL 28878 Wingate 14 March 2016 to 8 March 2017

Abstract

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 28878, CALR is now in a position to more clearly define targets and refine exploration efforts on the tenement. There remains scope for continued rigorous exploratory data analysis. The findings that have emerged to date suggest that CALR should relinquish the eastern portion of the tenement and intensify exploration in the north portions of the tenement. Reducing the size of EL 28878 by relinquishing the eastern portion of the tenement would reduce expenditure commitments for both rental and exploration costs. This would free up CALR for exploration activities in more prospective areas of the tenement. This area should be surrendered because it is not considered prospective for U. The reasons for this are: Via the route survey most of the east area is covered with soil and sands, but the west area had been found Chilling sandstone and granite; Most of the Gravity and aeromagnetic anomaly is located in the west of the tenement. Future exploration activities on EL 28878 should focus on the west area that have been identified as being prospective. Initially, exploration should include soil geochemical survey or stream geochemical survey. Once the surface anomalies are constrained at a higher resolution exploration should then target subsurface geology using RAB. The area covered by these amalgamations coincides with the portions of EL 28878 that are the most prospective areas.