EL 24956 Burt Plain annual report for period ending 7 September 2007 Aileron Project

Abstract

NuPower carried out an airborne electromagnetic (AEM) survey in June-July 2007 over the entire area as part of a larger survey of Nupower's tenements in the Aileron region, designed to explore for buried palaeochannels at the base of and within the Cainozoic sedimentary package as potential hosts for secondary uranium. Concurrently water from station stock water bores was sampled and assayed for a suite of major and trace elements the results of which are expected to assist with targeting potential sites of uranium accumulation within the palaeochannel systems. Preliminary results from the AEM survey are sufficient to show that the technique has successfully identified sections of several major palaeochannels in the license area. Final results were not available by the license anniversary date so that inclusion of the survey data, interpretation and modelling results was not possible here. Assay results of the water samples are available but interpretation of the water geochemistry is in progress. The program for Year 2 is to complete the interpretation and modelling of the data so that the results may be used to target scout drilling to test the palaeodrainages for evidence of uranium accumulation, and to undertake that drilling.