In accordance with the Mineral Resources Act (1989) Qld, Kronos Gold LLC (Kronos) provides below
a Partial Relinquishment Report for Exploration Permit for Mineral (EPM) 25816. This report outlines
the sub-blocks within EPM 25816 that form the basis for this partial relinquishment, in addition to
providing a description of the work completed on these sub-blocks by Kronos Gold LLC since the
tenure was granted to Kronos on 30 June 2015.
EPM 25816 is approximately 300km south-west of Cairns and 35km south-west of Einasleigh, North
Queensland (Data – maps – EPM 25816 location map). The project is within the Georgetown and
Einasleigh 1:250,000 map sheets, and the Forsayth and Einasleigh 1:100,000 map sheets. Access
to the project area is via station tracks west of Kidston and south of Einasleigh.
The tenure was acquired as part of Kronos Gold’s exploration strategy to discover Intrusion-Related
Gold Deposits (IRGD) (such as the Kidston gold mine) and Broken Hill Type (BHT) deposits in
Queensland. The main exploration targets for the project area are gold and base metals.
Kronos completed a desktop review and collected and analysed 32 separate soil and 12 rock chip
samples on the sub-blocks that are the subject of this relinquishment (Data – Samples and Analysis
(incl. Geochemistry). Kronos also completed a desktop study and geophysical reprocessing within
the relinquished area.