EPM27632 GOOSE CREEK PARTIAL RELINQUISHMENT REPORT FOR PERIOD ENDING 24 JANUARY 2023

URL: https://geoscience.data.qld.gov.au/dataset/cr136568

Exploration permit (EPM) 27632 was granted to Munuku Pty Ltd on 30th March 2021 for a period of five years. The grant comprises 100 sub-blocks and covers approximately 30,000 hectares. This Partial Relinquishment Report provides supporting information for the voluntary relinquishment of 72 sub-blocks of the tenement which contain no areas of interest.

A review of historical exploration, both drill data and available magnetics, followed by two on-ground reconnaissance programmes provided background information to assist in the planning of future activities. Rock chip and stream sediment samples were taken and assayed.

Mapping, rock chip sampling, desk top studies and a review of previous activities was carried out over the last two years and along with the results of assay strengthened the belief in the prospectivity of the Thornbury and Gossan Hill areas with additional follow-up on the magnetic anomaly on the western portion of EPM 27632. However, the majority of the central and north western portions of the tenement are not deemed to be of interest being comprised of granite with little if any potential. No further work is warranted within the relinquished sub-blocks of EPM 27632.