Portions of the subject licence located at the southern end of the Peake and Denison Ranges have been relinquished owing to their perceived lower exploration potential. All of the reported work that was done within these licence portions pertains to the tenure period of EL 3227. A prime objective of Red Metal's exploration programme has been to determine the potential for stratabound uranium deposits to exist within the Jurassic Algebuckina Sandstone and overlying Cretaceous Cadna-owie Formation sediments lying marginal to the Peake and Denison Inliers. The types of deposits sought include sandstone-hosted roll-front deposits, and palaeodrainage controlled sandstone and conglomerate - hosted deposits. Historic drillholes put into the Algebuckina Sandstone have shown that it contains pyrite and organic matter in some areas. A review of the historic drilling records identified thick sequences of oxidised Algebuckina Sandstone flanking the radiogenic basement rocks. This setting when combined with a radiogenic provenance was interpreted to be conducive for forming uranium roll-front deposits. During September 2007 a helicopter-borne EM survey was flown for Red Metal over parts of EL 3227, including over some of the now relinquished ground. An image of the relevant survey data is herewith released.