EL 28399 Carrara West Annual Report 8 July 2012 to 7 July 2013

Abstract

During the second year of grant, Natural Resources Exploration (NRE) has carried out a detailed geological assessment of EL 28399, known to NRE as its 'Carara West' prospect. To delineate prospective areas for base metal mineralisation and define the next phase of exploration, NRE carried out extensive office-based studies including desktop reviews of all previous exploration across EL 28399 and its surrounding tenements. From its reviews and data compilation of historical reports and data it has collected in the region across other tenements adjacent to the tenure have allowed NRE to define targets for a limited drilling program. NRE's activities during the second year of grant have been a great success and have defined targets for further exploration activities to be conducted during the third term.