EL 32851 GR625 West Nolan's Bore Lithium Project Partial Relinquishment Report for the period 5 April 2022 to 4 April 2024

Abstract

This report describes exploration activity conducted over the partially relinquished portion of EL 32851 during the reporting period from 5 April 2022 to 4 April 2024. EL 32851 is one of 17 ELs (reduced from 21 ELs) that make up the Pegmatite One's Northern Territory tenure package. EL 32851 is part of GR625 - West Nolan's Bore Lithium Project, with EL 32844, EL 32845, EL 32846 and EL 32852. EL 32851 originally covered 68 blocks for 216.37 km2 but was reduced to 34 blocks for 108.23 km2, prior to its second anniversary date (04/04/2024). The area has a history of tin prospectivity. Target minerals are lithium, tin and tantalum. No exploration was conducted over the partially relinquished portion of EL 32851 during the reporting period from 5 April 2022 to 4 April 2024. This area was relinquished as a part of a tenure rationalisation exercise due to the need to reduce costs.