EL 28797 Daylight Creek Year 1 Annual report 13 January 2012 to 12 January 2013

Abstract

To delineate prospective areas for phosphate and base metal mineralisation and define the next phase of exploration, NRE carried out extensive office-based studies including desktop reviews of all previous exploration across EL 28798 and its surrounding tenements. NRE also attended the Alice Springs Core Facility for the purpose of conducting XRF and ALS Analysis of cuttings from previously drilled water bores in the region in order to gain a better understanding of the region. Following NRE's desktop studies, a reconnaissance helicopter assisted field trip of EL 28798 was carried out. Eight (8) rock chip samples were collected within EL 28798. As a result of its first year activities, NRE has been able to assess the mineral potential within the tenement and is now in the process of developing programs to further define targets.