GR291 Amadeus Project group partial relinquishment report 3 May 2011 to 2 May 2013

Abstract

NRE has conducted office-based studies on (EL's) 28303, 28304 and 28305 during the term of this tenure. NRE carried out a detailed geological assessment of the relinquished area NRE -Amadeus Project (EL 28303, EL 28304 and EL 28305) - Group Partial Relinquishment Report 20 which included considerable research. NRE has conducted a full review of all previous exploration within the project area including review of previous exploration data from NTGS open file company reports, review of aeromagnetics, of radiometrics and gravity survey provided by NTGS and review of satellite imagery, ASTER imagery and Google Earth Imagery. 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 the remaining tenement area with the remainder of the tenure requiring follow-up work.