Partial Relinquishment Report Central Georgina Project, EL 33375 23rd September 2020 to 20th February 2025

Abstract

Knox Resources Pty Ltd ('Knox'), was the successful applicant for EL 32295 on the 23rd of September 2020 for a period of six (6) years. EL 33375 was issued to Knox as a replacement title for the amalgamation of EL 32295, EL 32820 and EL 32821 on 21 February 2023 for a period of six (6) years. On the 21 February 2025 Kox relinquished 73 blocks from EL 33375. EL 33375, in conjunction with EL 33376 are collectively referred to by Knox as the Central Georgina Project. The exploration rationale of the Central Georgina Project ('CGP') is focused on the Tennant Creek style ironstone associated copper-gold-bismuth mineralisation, part of the Iron Oxide-Copper-Gold ('IOCG') group of deposits within the Warramunga Formation and the potential for IOCG deposits within the Ooradidgee Group. Major world-class mineral deposits are hosted within exposed Proterozoic rocks at Tennant Creek within the Warramunga Province. However, very little is known about the geology or mineral potential of the area in between Tennant Creek and Mount Isa, two mineral-rich regions. Geoscience Australia ('GA') and the Northern Territory Geological Survey ('NTGS') investigated the area between Tennant Creek and Mount Isa as part of the Exploring for the Future ('EFTF') program. The studies highlighted areas of interest within the Central Georgina Project area. The Central Georgina Project area is overlain by Georgina Basin sedimentary sequences, restricting target generation to the utilisation of geophysical data and correlation with sparse drill data. Similarly, recent results from the Mineral Exploration Cooperative Research Centre's ('MinEx CRC's') National Drilling Initiative ('NDI'), geophysical interpretations and geochronological data imply that the region east of Tennant Creek could be an undercover extension of the Warramunga Province, this is significant for the Central Georgina Project. During the period, 23 September 2020 to 20 February 2025 Knox undertook the following activities on the relinquished portion of EL 33375: - Geological review; - Airbourne magnetics; - Ground gravity survey.