Year 3 Annual and final, 11 August 2010 to 18 July 2013, Elkera EL 27842

Abstract

NRE's exploration rationale and objectives for its Elkera Prospect considered the evaluation of phosphate and base metal mineralisation. NRE has carried out a detailed geological assessment of EL 27842, more commonly known to NRE as its 'Elkera' Prospect. NRE's exploration activities included extensive desktop based studies and completion of a helicopter reconnaissance program to evaluate the tenement, introduce themselves to landowners and conduct geological mapping on the tenement. NRE's extensive desktop studies included research, review and compilation of the data in the Northern Territory Geological Services' (NTGS) open file reports, air photo imagery and examination and interpretation of the latest geological maps. NRE conducted extensive reviews in relation to the tenement and believes that no further exploration is warranted at this time. NRE made application to the Department to completely surrender the entire title for EL 27842 under section 103 of the Mineral Titles Act. EL27842 was surrendered on 18 July 2013.