Year 1 Annual Report Playford Junction East 12 September 2011 to 11 September 2012 EL 28582

Abstract

Natural Resources Exploration's ('NRE') has carried out a detailed geological assessment of its Playford Junction East Prospect, Exploration Licence (EL) 28582, 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 officebased studies including desktop reviews of all previous exploration across EL 28582 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 the region surrounding EL 28582. NRE is looking forward to undertaking further extensive exploration activities over its Playford Junction East prospect during the second term of the licence.