Year 1 Annual report 3 May 2011 to 2 May 2012 Curtin Springs EL 28304

Abstract

During the reporting period, NRE?s exploration rationale and objectives for its Curtin Springs Prospect considered the evaluation of potential gold 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. NRE has conducted an extensive review of historic exploration over its Curtin Springs Prospect. A review of all previous exploration within the area has been completed including review of previous exploration data from NTGS open file company reports, review of aeromagnetics, of radiometrics and gravity survey provided by NTGS and review of satellite imagery, of ASTER imagery and Google Earth Imagery. 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. NRE?s activities during the first year of grant have allowed for the delineation of targets for further exploration activities to be conducted during the second term of EL 28304 in conjunction with its surrounding tenures.