Partial Relinquishment Report Giles Creek EL 26819 for the period 15 March 2017 to 14 March 2019

Abstract

The Giles Creek project is located in the northern part of the Musgrave Block Province, adjacent the WA/NT border about 500km west of Alice Springs. Tenure comprises EL 26819, originally of 310km2 granted on 15th March 2017 for a period of six years. On 15th March 2019 statutory reduction of tenement area by 50% was effected. This report summarises work completed on the portion relinquished. The primary target is base metals and gold within Mesoproterozoic volcanics and sediments within a thrust/shear zone (Wankari Detachment Zone). The tenement area has been subject of very little previous exploration. During the first year of tenure, a consultant was engaged to complete a search of previous exploration activities and interpret existing data. Public domain geotechnical datasets were accessed, image-enhanced and analysed. Work focussed on defining exploration target areas from the remote-sensed data with recommendations for initial field work. No targets of particular interest were defined within the area being relinquished. During the second year of tenure a detailed airborne survey collecting magnetic and radiometric data was flown over the entire tenement area. The survey qualified for co-funding in Round 11 of the NTGS Geophysics and Drilling Collaborations program. No targets or prospects were defined within the area being relinquished.