Partial relinquishment report Murlanba EL 28056 17 December 2010 to 16 December 2012

Abstract

Natural Resources Exploration?s exploration activities during the first and second term of EL 28056 have been focused on delineating surface targets within the relinquished area with the aim of identifying any diamond or base metal mineralisation. NRE has conducted both office-based studies and field operations on EL 28056 during the term of this tenure. NRE carried out a detailed geological assessment of the relinquished area which included considerable research prior to a helicopter reconnaissance program evaluating the area. Research included review and compilation of the data in the Northern Territory Geological Services' (NTGS) open file reports, air photo imagery and examination of the latest geological maps. After its extensive review of all previous exploration data and its newly acquired data in relation to this ground, NRE has concluded that the potential for mineralisation within the nominated relinquished area is much lower than that of remaining tenement area.