EL 32419 Box Hole Annual Report for the reporting period 26 March 2021 to 25 March 2022.

Abstract

This annual report describes exploration conducted on EL 32419 during the period 26 March 2021 to 25 March 2022. The tenement was granted on 26 March 2021 for a period of 6 years. The tenement covers an area of 127 km2 or 40 sub blocks. The project forms part of the Arunta Joint Venture between Shree Minerals (operator) and Territory Lithium Pty Ltd (holder) in the prospective Arunta Inlier of the Northern Territory. The Kings Workings galena deposit located within the Box Hole project area was mined by hand in 1960. Since that time, sporadic attempts were made to find extensions or related deposits in the local area, with work by previous explorers involving mapping, surface sampling, drilling and ground EM and IP. Work conducted by Shree Minerals includes the commissioning of a CSIRO compilation report of the Box Hole Project. It includes a report on exploration targeting using an integrated geophysical and geological modelling approach.