Year 1 Annual report Playford Junction EL 28523 12 September 2011 to 11 September 2012

Abstract

Natural Resources Exploration's ('NRE') has carried out a detailed geological assessment of its Playford Junction Prospect, Exploration Licence (EL) 28523, during the first year of grant. To delineate prospective areas for phosphate, uranium and diamond mineralisation and define the next phase of exploration, NRE carried out extensive office-based studies including desktop reviews of all previous exploration across EL 28523 and its surrounding tenures in the Barkly region. NRE also attended the Darwin Core Facility with a view to analysing water bore cuttings held at the library. NRE carried out both XRF and ALS Analysis of water bores located within EL 28523 and within the region. NRE is looking forward to undertaking further extensive exploration activities over its Playford Junction prospect during the second term of the licence.