Year 1 Annual Report, Lilla Creek South EL 29718, 31 October 2012 to 30 October 2013

Abstract

To delineate prospective areas for coal, base metal and uranium mineralisation and define the next phase of exploration, Natural Resources Exploration ('NRE') has carried out extensive office-based studies of EL 29718 and a historic review of previous exploration over the tenure area. Prior to grant, NRE also attended the Alice Springs Core Library for the purpose of conducting XRF and ALS Analysis of cuttings from previously drilled water bores in the region. Our office-based studies and analysis of cuttings at the Alice Springs Core Library have allowed us to delineate prospective areas for base metal and uranium mineralization and in particular, gold mineralisation.