Partial relinquishment report, Hay Creek EL 27847

Abstract

Natural Resources Exploration?s exploration activities focused on delineating surface targets within the relinquished area with the aim of identifying any base metal mineralisation in the region. NRE has conducted extensive office-based studies and field work during the second term of Exploration Licences forming part of its Jervois Project. NRE conducted an extensive review of all previous exploration within the Project area, completed two (2) helicopter reconnaissance assisted field trips, geological mapping of the area, sampling programs (soil and rock chip sampling) and analysis of water bores within the region. In relation to the relinquished area, NRE has concluded that the potential for mineralisation within this area is much lower than the remaining tenement area. NRE has delineated this area and nominated same after its extensive review of all previous exploration data and its newly acquired data in relation to this ground.