Partial relinquishment report Talton EL 27846

Abstract

NRE has conducted extensive office-based studies and field work during the second term of the Exploration Licence EL27846, 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 a ground magnetics sub-audio magnetics ( SAM?) survey. In relation to the relinquishment area, no samples were taken as there were no viable safe helicopter landing areas in the initial areas of interest in the tenement. Although no samples were collected from within the relinquished area itself, NRE based its conclusions on the results of samples collected in the surrounding tenements within the region. 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.