Partial relinquishment report, 3 May 2011 to 2 May 2013, Bing Bong EL 28319

Abstract

NRE has carried out extensive office-based studies of EL 28319 and also conducted a site visit to the Darwin Core Library for the purposes of testing available water bore cuttings within Bing Bong Prospect area. Office-based studies have included desktop reviews of all previous exploration across the tenement, assessment of the geology, radiometrics, aeromagnetics, gravity and ASTER imagery within the Bing Bong Prospect. NRE's attendance at the Darwin Core library was conducted with a view to analysing water bore cuttings held at the library. NRE carried out both XRF and ALS Analysis of water bores located in the region of its Bing Bong Prospect. The detailed geological assessment of EL 28319 has led NRE to the conclusion that the potential for mineralisation within the relinquished 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.