Charley Creek Final Report for EL 29853 for the period 15 August 2013 to 7 February 2020

Abstract

EL 29853 was granted to Crossland Nickel Pty Ltd and Panconoz Pty Ltd. on 15 August 2013 for a period of 6 years. At grant, the licence consisted of 133 sub-blocks. The latter entity was purchased by Essential Mining Resources Pty Ltd. in 2016. Both companies are wholly owned by Crossland Strategic Metals Limited, the Operator of the Project. Rare Earth Element (REE) mineralisation has been the target of the company's activities. In Early February 2020, Crossland made a decision to surrender the licence. The company is reducing its landholdings at Charley Creek in order to concentrate financial resources in areas where the greatest REE potential exists. There have been no on-ground exploration activities carried out on the licence. All eligible expenditures relate to activities that have relevance to the project as a whole. These have included environmental projects for a preliminary EIS and Scoping Studies involving engineering, metallurgical and resource calculation exercises.