Combined annual report for EL 26226 Singleton, EL 26227 Shirley Creek, EL 26228 Wycliffe Creek for the period ending 18 February 2009

Abstract

Exploration Licenses 26226, 26227 and 26228 were granted to NuPower Resources Ltd on 19th February 2008. Together they comprise the Warrabri Palaeochannel Project and work was carried out on all three areas. NuPower is exploring for Cainozoic palaeochannel sandstone-hosted secondary uranium deposits in the Aileron region of Central Australia using a model adapted from successful exploration in the Beverley region of the Frome Embayment of South Australia. Exploration results to date are encouraging and have raised the uranium potential of the Warrabri Basin. Reconnaissance mapping and sampling of the Singleton calcrete for the presence of uranium is recommended along with trial biogeochemistry. Scout drilling of the palaeochannels and selected parts of the sub basin margins is also recommended.