MA 31358 Partial Relinquishment Report 01 November 2017 to 12 July 2023

Abstract

The following report is the Partial Relinquishment Report for MA 31358, which formed part of the Tri-Star Group (Tri-Star), the 100% holder of Tri-Star Energy Company, Pedirka Basin Project. The Pedirka Basin Project currently comprises thirteen (13) Mineral Authorities, 31358, 31361, 31362, 31363, 31364, 31371, 31372, 31373, 31374, 31375, 31376, 31377 and 31378 which were granted concurrently on 1 November 2017. The Pedirka Basin Project is geologically located over the Amadeus, Pedirka, and Eromanga basins. The Pedirka Basin Project area holds multiple potential resource commodities including base and precious metals, iron, and coal. The project area is located approximately 200 kilometres south-east of Alice Springs along the western margin of the Pedirka Basin and partially overlaps the pastoral leases of Andado, New Crown, Horseshoe Bend, Lilla Creek, and Umbeara. No activities were completed within MA 31358 during the entire term of the MA while held by Tri-Star. Tri-Star recently undertook a review of its assets and, as part of this review, MA 31358 was identified for partial relinquishment effective 12 July 2023. A total of 145 sub-blocks have been retained in MA 31358.