Partial Relinquishment Report Central Georgina Project EL 33376 23rd September 2020 to 22nd February 2025

Abstract

Knox Resources Pty Ltd, (formerly Knox Resources Limited) 'Knox', was the successful applicant for Exploration Licence ('EL') EL 32283 on the 23rd of September 2020 for a period of six (6) years. EL 33376 was issued to Knox as a replacement title for the amalgamation of EL 32283 & EL 32964 on 23 February 2023 for a period of six (6) years. Exploration rationale 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 (2) 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. Knox has undertaken systematic exploration on the Central Georgina Project, including the collection of regional geophysical data, the collection of prospect scale geophysical data, modelling and inversion of gravity, magnetic and ANT data and drilling four deep diamond holes. During the period, 23 September 2020 to 22 February 2025 Knox undertook the following activities on the relinquished portion of EL 33376: -Geological review; - Airbourne magnetics.