Lamont Pass Project Final Report for the Period 3rd August 2020 to 2nd August 2024 EL 32175

Abstract

This document is submitted as a final surrender group report for EL 32175 which is also called the Lamont Pass Project. The Lamont Pass Project Area is situated within the prospective Batten Fault Zone of the McArthur Basin, with the primary exploration target being massive sulphide hosted zinc-lead-silver deposits of the McArthur Group. EL 32175 covers an area of 470 km2 and is contiguous to the southern end of the Teck operated Reward licenses. Teck Australia Pty Ltd acquired the Lamont Pass licence EL 32175 on the 3rd of August 2020 and has been the sole operator and tenure holder since then. Work completed during the licence terms included: Historical review of previous exploration and compilation of historical datasets; A helicopter based reconnaissance survey; Geochemical analysis and review of some of soil samples taken during the helicopter reconnaissance; A historic core review in Darwin. Based on the evaluation of datasets and results from helicopter-based reconnaissance survey, the decision was made to surrender the licence in full as the explorability, including difficulty to access and probability of success, were deemed low.