Year 3 Annual and final report EL 27757 Epenarra, 25 October 2010 to 18 July 2013

Abstract

NRE's exploration rationale and objectives for its Epenarra Prospect considered the evaluation of potential gold, phosphate and base metals mineralisation. Investigations were intended to locate any outcropping of mineralisation and any indicators of any sub - surface mineralisation within the tenement. NRE carried out a detailed geological assessment of its Epenarra Prospect, Exploration Licence (EL) 27757. NRE's exploration activities included a helicopter reconnaissance program, geological mapping and associated rock chip sampling, as well as a water bore XRF analysis program involving analysis of water bores held at the Alice Springs Core Library surrounding the tenement. Based on the assessment of the activities conducted within EL 27757 itself, NRE made the decision completely surrender EL 27757.