Year 1 Annual Group Report Southern Georgina project

Abstract

NRE has carried out a detailed geological assessment of its Southern Georgina Prospects, during the first year of grant. NRE?s exploration activities during this first term also included considerable research prior to the commencement of a helicopter reconnaissance program to evaluate the tenements. 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. NRE?s helicopter reconnaissance program over the Southern Georgina Project commenced in August 2011, consequently crossing over the first and second term of the licences. NRE?s targeted areas for ground evaluation during this program was on the basis of previous geophysical surveys, in particular aeromagnetics and radiometrics. Sites are being tested using a scintillometer and by the taking of soil and rock samples. Geological observations and photographs are also being recorded at each site. Finally, earlier in the year, NRE also carried out XRF analysis of water bore cuttings across the Southern Georgina Project held at the Alice Springs Core Library. The detailed geological assessment of the Southern Georgina Project has led to the following up of possible subsurface mineralisation indicators found in water bore cuttings and based on desktop studies, through a helicopter assisted reconnaissance program. NRE is looking forward to receiving the results of this activity early in the second term of the licences. NRE has met all work and expenditure commitments for its Southern Georgina Project for the term of the licence.