EL 32089 Indiana Project Partial surrender report for the period 7 October 2019 to 6 October 2025

Abstract

EL 32089 (Project) is located approximately 170km ENE of Alice Springs. The Project covers Ni-Cu +/- PGE prospects, including the Blackadder and Baldrick Prospects, which have yielded anomalous geochemical and geophysical responses. Typhon assessed the potential of the Project for Basil-style Cu-Co sulphide deposits, Ni-Cu-PGE sulphide mineralisation associated with mafic and ultramafic intrusions, as well as bedrock and alluvial Au deposits. On 6 October 2025, 84 sub-blocks were surrendered from the Project, leaving 41 sub-blocks. Work on the relinquished blocks involved reviews of previous exploration activities and assessment of publicly available remote sensing and geophysical datasets. Geological reconnaissance was undertaken to field check geological interpretations and to assess geophysical anomalies.