Relinquishment report on EL 25903 for year 3

Abstract

Due to there being a lack of available drilling equipment and geologists at the time, the original plan to implement a small drilling programme on the 'Misses Mine' was postponed. With the reassessment of the stream sediment sample results the alluvial potential of the area was considered further. It has been found in the past that removal of economic alluvial material provides a clearer vision for future exploration in addition to an earlier cash flow for the operation. Additional attention was directed to the western corner of the EL which contained a portion of the original Francis Creek Iron Ore lease.