EL 32855 GR627 Harts Range 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 32855 during the reporting period from 5 April 2022 to 4 April 2024. EL 32855 is one of 17 ELs (reduced from 21 ELs) that make up the Pegmatite One's Northern Territory tenure package. EL 32855 is part of GR627 - Harts Range Lithium Project, with EL 32854. EL 32855 originally covered 86 blocks for 271.32 km2 but was reduced to 29 blocks for 91.52 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 32855 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.