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Tenement Location

Figure 1 : Synergy Metals Tenements and Prospects

Synergy Metals Limited holds tenements in north-eastern Victoria, Australia, covering a total of 1,920 square kilometres (Figure 1).

Table 1 presents details of the exploration tenements and their annual expenditure commitments. Synergy will periodically relinquish less prospective areas to reduce these commitments.




Table 1 – Tenement Detail and Expenditure Commitment

Tenement Location Area sq km Grant Date Expiry Date Annual Commitment
MIN4921 Glen Wills – Sunnyside 2.38 18/01/1990 13/05/2012 214,000
EL3916 Mount Wills – Merrimac 109 13/05/1996 13/05/2012 136,000
EL4744 Granite Flat 100 29/11/2006 29/11/2011 53,100
EL4717 Benambra – Omeo 715 28/01/2009 28/01/2014 173,600
EL4818 SE Benambra 84 28/01/2009 28/01/2014 39,800
EL5300 Banimboola 52 20/04/2011 19/04/2016 22,800