Farrands Hill Project Partial relinquishment report for the period 27 March 2006 to 16 January 2017 EL 9843

Abstract

This report describes exploration activities primarily for gold undertaken by Northern Star (Tanami) Pty Ltd and previous operators over the partially relinquished portion EL 9843 as part of the Farrands Hill Project GR183/11 between grant date on the 27 March 2006 until partial relinquishment on the 16 January 2017. The centre of the Project area is located approximately 550 km northwest of Alice Springs along the Tanami Road to Rabbit Flat thence 18 km northeast via exploration tracks. The Project is also located approximately 42 km east-southeast of the Company's Central Tanami Project gold processing plant which is currently under care and maintenance. Work completed over the partially relinquished portion of the tenement by previous operators and Northern Star (Tanami) Pty Ltd comprised: data reviews; a regional soil geochemical analysis; MIRA depth of cover analysis with assessment of regional tectonostratigraphy of the Tanami; and a preliminary regional structural interpretation. Following the NST's 25 percent acquisition and farm-in of the Central Tanami Project from Tanami Gold (NT) Pty Ltd in early 2015, work completed by NST has resulted in the identification of 14 out of 22 blocks to be non-prospective for gold and consequently partially relinquished in January 2017. There are 8 remaining non-contiguous blocks of EL 9843.