EL 24741 Woodforde Relinquishment report for year ending 20 April 2014

Abstract

NuPower conducted reconnaissance sampling for uranium mineralisation over the outcropping basement rocks using the NTGS regional geophysical data. Arafura's 2008 HyMap hyperspectral covered a small part of EL 24741 however all hyperspectral reconnaissance activities were focused on targets elsewhere. In 2008 and 2013, Arafura acquired multi-tenement detailed airborne geophysical survey data over parts of EL 24741. Both surveys were acquired to better understand the basement geology and to guide regional exploration activities. Arafura merged its three detailed geophysical surveys in the Aileron-Reynolds project area and worked together with Southern Geoscience Consultants to produce a regional geological synthesis and interpretation specifically aimed at identifiying REE exploration targets. The relinquished areas reported here are considered mostly too deep and least prospective for REE.