EL 32862 GR628 East 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 32862 during the reporting period from 5 April 2022 to 4 April 2024. EL 32862 is one of 17 ELs (reduced from 21 ELs) that make up the Pegmatite One's Northern Territory tenure package. EL 32862 is part of GR628 - East Nolan's Bore Lithium Project, with EL 32861 and EL 32869. EL 32862 originally covered 74 blocks for 234.82 km2 but was reduced to 35 blocks for 111.08 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 32862 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.