Year 1 Annual report Bing Bong EL 28319 3 May 2011 to 2 May 2012

Abstract

During 2011, NRE's exploration rationale and objectives for its Bing Bong Prospect considered the evaluation of potential base metal and uranium mineralisation. Investigations were intended to locate any outcropping of mineralisation and any indicators of any sub-surface mineralisation within the tenement based on desktop reviews. 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 during the first year of grant. NRE also attended the Darwin Core library 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. NRE?s activities during the first year of grant have been a great success and have defined targets for further exploration activities to be conducted during the second term.