2013 Final Report South Buchanan EL 28583

Abstract

NRE's exploration program of its South Buchanan Prospect consisted of extensive desktop studies and a historic review of previous exploration over the tenure. Our office-based studies have allowed us to delineate prospective areas for phosphate mineralisation. From these studies, NRE has begun modelling the phosphate horizon in the region with the view of conducting a future limited drilling program in conjunction with the surrounding tenures in the Barkly region. NRE believes that the region is prospective for fairly shallow phosphate mineralisation and NRE has successfully identified various targets for further exploration. Under section 102 of the Mineral Titles Act and Regulation 63 of the Mineral Titles Regulations, NRE made application to the Department to amalgamate EL 28583. All future exploration activities conducted on this area will be reported under the replacement exploration licence number 29722.