Partial relinquishment report Monmoona EL 27721

Abstract

The work and expenditure program for EL 27721 consisted of a geological and geophysical review of existing data and information towards determining the location of possible phosphate mineralisation within the tenement as well as any possible base metal potential. NRE carried out a detailed desktop evaluation but also a detailed on-ground geological assessment of EL 27721. NRE conducted an initial helicopter assisted reconnaissance program in relation to its Brunette Downs Project area which included an area covered by this Relinquishment Area. NRE also collected various samples during this activity and engaged in geological mapping of the area. In a subsequent exploration program following NRE?s initial helicopter assisted reconnaissance program, NRE attended the Darwin Core Library for the purposes of analysing waterbore cuttings available within or in close proximity to its Brunette Downs Project. Some water bores located in the Relinquishment Area have been tested by NRE using a portable XRF and where NRE felt appropriate, also sent some samples to ALS Laboratories for confirmation of initial analysis by portable XRF.