Year 4 Annual and Final Report 20 May 2010 to 27 May 2014 Carrara Range EL 27652

Abstract

Natural Resources Exploration's (NRE) has carried out a detailed geological assessment of its Carrara Range Prospect, Exploration Licence (EL) 27652, during the third year of grant. NRE's exploration rationale and objectives for its Carrara Range Prospect considered the evaluation of potential base metal and precious metal mineralisation. Investigations were intended to locate any outcropping of mineralisation and any indicators of any sub-surface mineralisation within the tenement. NRE's exploration activities included the analysis of results obtained from the Ground Electromagnetic Survey conducted in the first term together with analysis of those results obtained from NRE's previous rock chip sampling and extensive soil sampling program which was conducted across the tenure. In light of the activities carried out on EL 27652 it has been decided that due to the remote location of the tenement that it be surrendered.