Final Report for Exploration Licences 33606, 33607, 33619, and 33620 Bloodwood Project from 28th March 2024 to 19th March 2025

Abstract

Exploration licenses 33606, 33607, 33619 and 33620 (which may be referred to as 'The Tenements' throughout this document) are part of the Bloodwood Project. The project targeted lithium mineralisation typically hosted as spodumene within felsic intrusions and pegmatites. The Tenements were applied for after a desktop review of in-house and open-file data highlighted a 22 km x 8 km, coincident tin-niobium-tantalum stream-sediment and soil anomaly within the project area (Drabsch 2011, Bell 2014). Since acquiring the Bloodwood Project, a comprehensive review of all open-source data and IGO server data relating to the project and surrounding areas was completed. The objective of the review was to understand historical exploration activities completed on the tenure and assess prospectivity. The review found that the tenements had historically been sufficiently tested with surface geochemical surveys. Consequently, the tenements were relinquished voluntarily.