GR527 Elliott Project EL 32226 and EL 32437 Final Surrender Report 11 May 2021 to 10 May 2024

Abstract

The Elliott project is located in the Barkly Tablelands, approximately 200km north of Tennant Creek. The Elliott Project Combined reporting group GR257 consists of seven exploration tenements EL 32156, EL 32157, EL 32158, EL 32159, EL 32226, EL 32329 and EL 32437 for a total area of 4,571.9 km2. These were granted to Baudin Resources Pty Ltd (a fully owned subsidiary of Encounter Resources Ltd - 'Encounter'). The Elliott project tenure is considered prospective for sedimentary hosted copper mineral systems. In May 2024 Encounter made a decision to fully surrender two tenements, namely EL 32226 and EL 32437 which were part of Combined reporting group GR257. This report is the final surrender report for Exploration Licences EL 32226 and EL 32437. Review of historic data and open file information was the only exploration activity carried out on the tenements. The review did not indicate any significant prospective structures and/or notable alterations and mineralisation in surrendered tenements EL 32226 and EL 32437.