Partial Relinquishment Report Exploration Licence 33101 Duke Project for the period 2 September 2022 to 2 September 2024

Abstract

This report describes exploration activities conducted over the relinquished portion of EL 33101 over the duration of tenure from initial grant on 2 September 2022 to partial relinquishment on 2 September 2024. Along with the adjacent EL 33194, EL 33101 forms the Duke Project, approximately 50 km northwest of Tennant Creek. HRE is exploring the area for the first time for rare earth elements (REE). The exploration model being investigated is an unconformity-type breccia-hosted hydrothermal xenotime REE deposit similar to those at Browns Range in WA. The Duke Project is geologically highly analogous to Browns Range, and contains similar sedimentary hosts, faulting, and an unconformity. A secondary target type for HRE is REE in regolith developed on the extensive but poorly-exposed Warrego Granite. During the period of tenure from grant on 2 September 2022 to partial relinquishment on 2 September 2024, no exploration was conducted on the relinquished portion of the title. Preliminary assessment indicated low prospectivity for REE on the relinquished portion of the title. The western portion of EL 33101 was surrendered to allow HRE to focus on more prospective areas of its Duke Project tenure.