Group Annual/Final Report for the period 30 April 2021 to 29 April 2024 Tenement(s) No(s) EL 32230, 32231 and 32232 - Tennant 1-3 Tennant Project (Group Report Number GR573)

Abstract

Exploration Licences (EL) 32230, 32231 and 32232 were acquired by Rio Tinto Exploration Limited (RTX) in 2021. These ELs were granted on the 20th of April 2021 and were amalgamated into a grouped annual reporting project, the group reporting number being GR573. A reconnaissance trip to the project area was conducted in June 2022 in preparation for field work with a focus on verifying access routes, ground conditions and identifying local service providers. No exploratory data collection was completed during the life span of these exploration licences. RTX engaged with the Central Land Council in order to develop an agreement with the traditional owners to allow RTX to conduct exploration activities. On the 26th of July 22, the first meeting to discuss the deed was held in Tennant Creek, RTX were asked to attend and present. RTX continued to engage in order to progress the agreement and on the 7th of August 2023 RTX received a signed Native Title Mineral Exploration Deed from the CLC, Warlmanpa Warumungu Aboriginal Corporation and Ngurramarla Aboriginal Corporation. The plan was to Aircore several of the higher priority conductive response but due to a strategy change along with the high-risk conceptual targets, RTX has deprioritised the Tennant Creek targets and has decided to relinquish the NPA tenement package.