Partial Relinquishment Report - Minerals Prospecting Permit PP 60700 Macraes South

This report by Nimitz Resources Limited, describes the work completed across MPP 60700. MPP 60700 Macraes South is located in Otago, South Island, approximately 40km due north of Dunedin. A review of historic exploration information indicated that the efforts had been ineffectual in assessing the gold potential of the area. Prospecting completed included reinterpretation of airborne EM and magnetic surveys, 4 soil samples, 13 stream sediment samples. The regional exploration identified portions of the Macraes South PP which did not warrant further exploration.