Final surrender report for EL 32108 Ngalia Regional Project 6 February 2006 to 24 May 2019

Abstract

EL 32108 'Bigrlyi Surrounds' and its predecessors, ceased exploration licences EL 24453 and EL 31821, comprised part of Energy Metals' 100% owned Ngalia Regional Project, a project focussed on uranium exploration in the Ngalia Basin and surrounds. The licences surrounded the Bigrlyi uranium project (ELRs 46 to 55 inclusive) located 390 kilometres (by road) northwest of Alice Springs. EL 32108 was a split title that comprised the central and southern parts of EL 31821; the title was granted on 29th March 2019 and ceased on 24th May 2019 following its merger with adjacent title EL 24463 to form the new amalgamated title EL 32113. The predecessor licence, EL 24453, was in effect for the period 6th February 2006 to 29th March 2018 prior to its merger with EL 24807 to create amalgamated title EL 31821. A partial reduction of 85 blocks of EL 24453 was approved on 8th January 2016, and a further reduction of 32 blocks was approved prior to cessation of EL 24453 on 29th March 2018. Details of exploration work conducted on these surrendered areas is provided in Taylor (2016) and Jordan and Taylor (2018). Before amalgamation with EL 24463, thirty-three (33) blocks of EL 32108 were relinquished. This is a final report covering exploration activities that occurred on the surrendered blocks of former EL 32108 during Energy Metals' period of tenure. Exploration work over Energy Metals' period of tenure included historical data compilations, heritage clearances, surface reconnaissance and prospecting, geophysical surveys (radiometric, magnetic and IP), and drilling of prospective target horizons (nine holes at Bigwest prospect, twelve holes at Anomaly 15E prospect and three holes at Camel Flat prospect). No significant uranium mineralisation was found on the relinquished ground. The title reductions and reorganisation discussed here are part of a program of ongoing tenement optimisation to enable Energy Metals to focus its exploration activity on the most prospective Ngalia Basin ground.