Analytical results of NTGS core sampling, Ammaroo Project, for the period ending 18 April 2009

Abstract

Work completed by the NTGS, including the analysis of waterbore cuttings and legacy drillcore, identified an extensive area of phosphate mineralization within the southern Georgina Basin, in shelf-facies marine carbonate and clastic sediments of the Middle Cambrian Arthur Creek Formation. The Ammaroo Project tenements cover approximately 100 kilometres of strike of this prospective stratigraphy. Work completed by Aragon Resources Ltd during the reporting period included the non-destructive analysis of 155 legacy core samples from drillholes NTGS Elkedra 2 and NTGS Elkedra 3, stored at the NTGS Alice Springs Core Facility, to validate previously reported analyses and verify the findings of the NTGS work. The analyses confirmed the Project area is prospective for phosphate mineralization.