Aileron Reynolds Project Area Annual Report for the year ending 14 December 2018 EL 31284 Reaphook

Abstract

EL 31284 was granted to Arafura Resources on 15 December 2016 for a period of six years. The tenement covers 73 blocks or 231.23km2 and is located on the NAPPERBY 1:250,000 geological map sheet, about 30km southwest of Aileron and 140 km northwest of Alice Springs in the Northern Territory. EL 31284 is mostly covered by unconsolidated Quaternary units overlying the Cainozoic Whitcherry Basin and Palaeoproterozoic Arunta Region rocks. EL 31284 contains low-order airborne radiometric Th targets worthy first-pass exploration. The elevated Th radiometric signature suggests a greater concentration of REE enriched heavy minerals (e.g. monazite) may occur within the palaeochannels shedding off the nearby Reynolds Ranges. HM sampling and analysis is planned to test for the presence of monazite-enriched sediments. No on-ground exploration fieldwork occurred on EL 31284 because the company has been focussed on the Nolans project EIS and DFS and higher priority exploration targets. Arafura has placed data loggers in eight of its water investigation bores on EL 31284. These will provide baseline data for the Nolans Project. The company also gathered baseline groundwater geochemistry and Sr isotopes from bores on EL 31284 in 2018.