Year 3 Annual and final, 11 August 2010 to 24 April 2013, Arthur Creek EL 27845

Abstract

The following report is a combined Annual and Final Report for EL 27845, known to NRE as the 'Arthur Creek Prospect', prepared by Natural Resources Exploration (NRE). NRE has carried out a detailed geological assessment of its Arthur Creek Project. NRE's exploration rationale and objectives for its Arthur Creek Project considered the evaluation of phosphate and base metal mineralisation. The detailed desktop geological assessment of the Arthur Creek Project led to the following up of possible shallow phosphate and base metal mineralisation by a helicopter reconnaissance program. NRE's targeted areas for ground evaluation during this program were mainly directed towards discrete highs identified on imagery of previous geophysical surveys, in particular aeromagnetics and radiometrics. Sites were tested using a scintillometer with geological observations being recorded at each target site. A majority of this tenure is covered by Cainozoic clay, gravel and soil with minor claypan however there are a number of Cambro-Ordovician Tomahawk beds within the tenure. NRE's exploration activities have included considerable investigation in order to assess the prospectivity of the region. Based on the exploration activities conducted on EL 27845, NRE believes that no further exploration is warranted at this time. NRE made application to the Department to completely surrender the entire title for EL 27845 under section 103 of the Mineral Titles Act. EL28164 was surrendered on 24 April 2013.