EL 32852 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 32852 during the reporting period from 5 April 2022 to 4 April 2024. EL 32852 is one of 17 ELs (reduced from 21 ELs) that make up the Pegmatite One's Northern Territory tenure package. EL 32852 is part of GR625 - West Nolan's Bore Lithium Project, with EL 32844, EL 32845, EL 32846 and EL 32851. EL 32852 originally covered 18 blocks for 57.25 km2 but was reduced to 9 blocks for 28.63 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 32852 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.