www.nru.com.au
Newera Resources (ASX: NRU) is an Australian uranium exploration company with interests in the Northern Territory and two project areas in Western Australia.
Currently the high priority prospects are Jailor Bore and Pells Range in Western Australia and the White Lady Project in the Northern Territory.
What do others think of Newera Resources
Presentations & Company Media
No documents available.
Related Research & Media
No documents available.
Current Operations:
The Jailor Bore Project lies 200 kilometres east of Carnarvon in Western Austraila. The project area contains five exploration tenements controlled by Newera. These tenements surround a small calcrete resource of some 400t U3O8 which is excised from the Newera leases. Newera has collated and generated various geophysical and geological data covering the project area including radiometrics and VTEM.
At the Giant Prospect, previous geological mapping and preliminary drilling by Newera has confirmed that a one million pound uranium exploration target is lying close to the surface within a calcareous sandstone with intercepts of up to 2 metres @ 229ppm U3 O8 (see announcement 28th April 2009). There is significant scope to expand this target as it is not closed to the north, south and west. Further follow-up drilling is planned over these anomalies and the visible carnotite areas on the uranium-impregnated limestone-granite basement contact are also high priority targets.
Also within the Jailor Bore Project, some 20 kilometres to the north of Giant, near Relief Well, two scout drill holes, located within a large VTEM anomaly, intersected low grade uranium results.
Pells Range was discovered by Afmeco in the 1970’s uranium boom, the result of some very good work searching for redox front mineralisation in fluvial sandstones of the Carnarvon Basin in Western Australia. Some significant hits of up to 2kg/t U3O8 were intersected in carbonaceous channel sands, and Newera has conducted an aerial EM survey to define these carbonaceous units with spectacular success. A follow-up targeted drilling program identified a two-metre zone of elevated uranium mineralisation, from 50 metres down hole, located in several holes at the base of a sequence of carbonaceous shales. Planning has commenced to trace the extent of the uranium mineralisation.
The White Lady Project (Licence EL25169) lies within the Harts Range province of the eastern Arunta block in the Northern Territory of Australia. It is located approximately 100 kilometres north east of Alice Springs. White Lady is named for the old 1930’s mica mine on the lease, in pegmatites similar to those at Quartz Hill nearby. White Lady is also over a major structural feature which shows extensive alteration-induced loss of magnetism in the host gneisses, and many points in the area show outcropping copper-carbonate mineralisation. Newera believes there is a strong possibility of shear-hosted and possibly uraniferous copper mineralisation, as well as gold and other base metals, within the project.
Newera completed a VTEM aerial geophysical survey over the White Lady project which identified six conductors as prospective targets.
Management
Mr Martin Blakeman - Executive Chairman (B Ec.)
Martin graduated from the University of WA as a Bachelor of Economics in 1976. Since graduation Martin has applied his skills in management and economics to the mining an rural industries. Martin’s professional career in the mining industry has included 24 years experience at board level in junior resource companies, commencing with his appointment in 1983 as a founding director of Harmark Pty Ltd (the founder and former controlling shareholder of Forrestania Gold NL, one of Australia’s more successful resource investment companies of the time), and Kagara Ltd (now Kagara Zinc Ltd), retiring in 1999 after 16 years continuous service. Martin promoted and was appointed to the Board as a founding director of Metex Resources NL in September 1992. He remains a non – executive director of Metex Resources NL. In 2003, Martin incorporated and became a founding director of Mantle Mining Corporation Ltd. As Chairman, he has overseen the strategic decisions of that company and the successful ASX listing of Mantle in 2006. Martin was appointed to the Board of Newera as an Executive Director on 1st March 2006 and assisted the Company to an ASX listing in June of 2006
Mr Winton Willesee - Non-Executive Director and Company Secretary (BBus., DipEd., PGDipBus., MCom., FFin, CPA)
Winton has broad experience in the company administration of ASX Listed companies, corporate governance and corporate finance. Winton has a Master of Commerce, Post-Graduate Diploma in Business (Economics and Finance), a Diploma in Education and a Bachelor of Business. Winton is a Fellow of the Financial Services Institute of Australasia and a Certified Practicing Accountant.
Winton is also a Director of Hawk Resources Limited and has filled the role of Company Secretary with a number of listed and unlisted public companies. He is currently also the Company Secretary of Mantle Mining Limited, Balkans Gold Limited, Boss Energy Limited and Hawk Resources Limited.
Mr Eric de Mori - Non-Executive Director (B.A, Dip.Fin.Service)
Eric is the Associate Director of Corporate Finance for corporate advisory and stock broking firm Cygnet Capital.eric has over 5 years investment banking and analyst experience covering a wide range of sectors,working with international and Australian based opportunities.
Eric has specialist skills in mergers and acquisitions, valuations, capital raisings, Initial Public Offerings, backdoor listings, project screening, due dilligence investigations, early stage project management and extensive knowledge of Corporations law and ASX listing rules. Eric is currently a Non Executive Director of Incitive Ltd (ASX code "ICV")
Major Shareholders
No info available.
Contact Information
REGISTERED OFFICE:
Newera Resources
Suite 5, 2 Centro Ave Subiaco
Western Australia 6008
POSTAL ADDRESS:
Newera Resources
PO Box 668 Subiaco
Western Australia 6904
Phone: 08 9382 3100
Fax: 08 9382 3866
Email: info@nru.com.au
Website: www.nru.com.au
Corporate Information
SHARE REGISTRY:
Security Transfer Registrars Pty Ltd
770 Canning Hwy, Applecross
Western Australia 6153
Phone: 08 9315 2333
LISTED SECURITIES:
ASX Code, Security Description
NRU – Fully paid shares
NRUO – Listed options



























