EL 32846 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 32846 during the reporting period from 5 April 2022 to 4 April 2024. EL 32846 is one of 17 ELs (reduced from 21 ELs) that make up the Pegmatite One's Northern Territory tenure package. EL 32846 is part of GR625 - West Nolan's Bore Lithium Project, with EL 32844, EL 32845, EL 32851 and EL 32852. EL 32846 originally covered 146 blocks for 462.92 km2 but was reduced to 73 blocks for 231.66 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 32846 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.