EL 26374 Pine Hill Annual and final report 16 April 2008 to 29 April 2013

Abstract

NuPower carried out an airborne electromagnetic (AEM) survey in 2008 over the area as part of a larger survey of NuPower's tenements in the Aileron region. The survey was designed to explore for buried palaeochannels within the Cainozoic sedimentary package as potential hosts for secondary uranium. Concurrently, water from station stock water bores in the vicinity of Pine Hill was sampled and assayed for a suite of major and trace elements the results of which are expected to assist with targeting potential sites of uranium accumulation within the palaeochannel systems. AEM survey results indicated that the technique was very successful; revealing that the Tertiary palaeodrainage system is far more extensive and better developed than previously thought. The Ti-Tree Basin infills a deep structural feature developed in two NW-SE trending grabens immediately to the north of the Ti-Tree Fault, where EL 26374 is located. NuPower also contributed to the NTGS Central Australia Gravity Survey over the Central Arunta region to acquire higher quality data for regional basement interpretation that confirmed the crustal significance of the Ti-Tree Fault. There were no infill stations on Pine Hill. There was no on-ground exploration work during Year 2 or Year 3 ELA 28475, Gilbeanie Bore, was applied for by NuPower on the 29th November 2010 to cover a prominent basement circular structure, immediately adjacent to EL 26374. Together EL's 26374 and 28475 cover a basement structure of interest to NuPower for potential rare earth mineralisation. There has been no work done on the tenement since the last annual report. It was decided not to proceed with exploration of the basement structure (magnetic anomaly) due to lack of funds and the probability that the anomaly just reflects magnetite content of mafic granulite.