Charley Creek, Combined Annual Report for the period 7 February 2012 to 6 February 2013, EL 24281, EL 25230, EL 27283, EL 27284, EL 27338, EL 27358, EL 27359, EL 28154, EL 28155, EL 28224, EL 28225 and EL 28226

Abstract

Crossland has been exploring the region since 2004, initially for ultra-mafic hosted nickel deposits then uranium following recognition of the potential of the Teapot Granite, a highly fractionated, enriched granitoid, which has anomalously high uranium content. Following an aircore drilling program in 2008, which was carried out to check the potential of buried channels for redox-style uranium, some samples collected from the drill holes showed anomalous amounts of Rare Earth Elements (REE). Since that time extensive regional exploration has shown that the alluvial outwash plains, draining the foothills of the MacDonnell Ranges, contain widespread occurrences of REE-bearing material. Activities involving REE exploration have continued.in 2012. Exploration work for the year included airborne geophysics, aircore drilling, alluvium sampling, ground radiometric surveying and geological mapping. Towards the end of the year, Crossland initiated baseline environmental studies, concentrating on fauna and flora surveys. A scoping study is also underway, which has included on-site work concentrating on hydrological studies. Off site experimental and test work for the scoping study has been ongoing and has included investigations into the metallurgy of the REE mineralogy as well as pilot plant activities focussing on producing high quality concentrate. Both the environmental and scoping activities are part of the pre-feasibility requirements.