Annual report for EL 26071 Mt Gardiner, for period ending 18 January 2009

Abstract

NuPower acquired an interest in EL 26071, Mt Gardiner, as a result of being offered a package of tenements in the Aileron region for joint venture. NuPower was attracted to the Mt Gardiner property by an airborne uranium channel radiometric anomaly associated with microgranites and schists on the southern flank of the Reynolds Range in this area and its prospectivity for structurally hosted uranium mineralisation in retrogressively altered granites and secondary calcrete-hosted uranium derived from a primary source. Work to date has comprised a review of the available open file reports of previous exploration and compilation of the various digital geochemical data, airborne geophysical data and Landsat images. It is apparent that some useful open file geochemical data for the area has not been digitized since the information has been presented on often hand drawn base maps prepared from various sources, preceding the advent of GPS. Once all the data has been compiled it will be possible to decide whether the area is still prospective for uranium mineralisation and devise an appropriate exploration program. Work to date has down graded the prospectivity however the existing airborne radiometric anomalies have not been adequately explored or fully explained.