Year 4 Relinquishment Report for EL 30280 McKinlay South Project for the period 15 October 2014 to 14 October 2018

Abstract

EL 30280 is located approximately 100 kms southeast of Darwin. It was granted 15 October 2014 and is 100% owned by Ross Anictomatis. The tenement has outcropping rocks of the Finniss River Group (Burrell Creek Formation) in the middle and southwestern parts of the tenement and the South Alligator Group in the north eastern corner. The area has undergone polyphase deformation, and folding is tight to isoclinal with the fold axes trending north to north-northwest and plunging both to the northwest and south west. A partial waiver from reduction was submitted and granted at the end of year 4. 10 blocks were relinquished. This report details the exploration undertaken on the relinquished blocks since grant of the tenement: There was no exploration done by the company on the relinquished ground for the duration it was held. Although the relinquished blocks cover the prospective Burrell Creek formation they were chosen for relinquished as they were at the tenement edges, distant from the main areas of interest.