Reduction surrender report EL 30837 Harts Range East 11 February 2016 to 26 June 2018

Abstract

Pinnacle Exploration Pty Ltd was granted EL 30837 on 11 February 2016 for the purpose of exploration. The 'Harts Ranges East' is located at the eastern end of the Harts Range district within the Arunta Block, a region of intensely metamorphosed sedimentary beds and volcanics (up to granulite facies). More recent metamorphism during Alice Springs Orogeny approximately 300 million years ago resulted in pegmatites and highly siliceous fluids intruding the surrounding gneiss and amphibolites rocks. This reduced area covered 65 blocks. No significant resources were discovered or samples taken hence the area was deemed to have no value for future exploration for the mineralogical commodities we require.