Year 1 Annual report Mars Bore EL 28401

Abstract

NRE has carried out a detailed geological assessment of EL 28401, more commonly known to NRE as its Mars Bore Prospect, during the first year of grant. NRE?s exploration activities during this first term included extensive desktop based studies and evaluation of potential mineralisation prior to NRE conducting a helicopter reconnaissance program to evaluate the tenement, introduce themselves to landowners, conduct geological mapping and sampling on the tenement. NRE?s extensive desktop studies included research, review and compilation of the data in the Northern Territory Geological Services? ( NTGS?) open file reports, air photo imagery and examination and interpretation of the latest geological maps. The detailed desktop geological assessment of the Mars Bore Prospect led NRE to conduct a helicopter reconnaissance program in order to follow up possible shallow phosphate mineralisation. NRE?s targeted areas for ground evaluation during this program was on the basis of previous geophysical surveys, in particular aeromagnetics and radiometrics. Sites were tested using a scintillometer and by the taking of soil and rock samples. Geological observations and photographs were also recorded at each site. NRE?s exploration rationale and objectives for its Mars Bore Prospect initially considered the evaluation of phosphate mineralisation however the results obtained from its field based activities have now identified a need for NRE to also investigate the possibility of base mineralisation. Investigations during the first year were intended to locate any possible areas of surface or shallow subsurface (<30m) mineralisation across the tenement. NRE?s current activities indicate that there could be a possibility of shallow subsurface mineralisation within the tenement and therefore require additional delineation of targets for follow up work. NRE?s activities during the first year of grant have been a great success and have delineated areas for further exploration activities to be conducted during the second term.