Boulder Ridge Project Partial relinquishment report for the period 21 August 2012 to 24 October 2018 EL 29595

Abstract

This report describes exploration activities primarily for gold undertaken by Northern Star (Tanami) Pty Ltd and previous operators over the partially relinquished portion (30 blocks) of EL 29595 as part of the Boulder Ridge Project GR443 between grant date on the 21 August 2012 and the date of partial relinquishment on the 24 October 2018. The Boulder Ridge Project is located in the Northern Territory adjacent to the border with Western Australia, in an area immediately north of the Tanami Road. Halls Creek, the nearest town, is approximately 210km north-west of the project area. Access to the project area from the west is along the Tanami Road from Halls Creek and then by historic exploration tracks and drill lines. Within Northern Territory, access can be gained using the Tanami Road directly from Alice Springs. Access to the project area is restricted after heavy rains during the wet season (from December to April). Work completed over the partially relinquished portion of the tenement by previous operators and Northern Star (Tanami) Pty Ltd comprised: Aeromagnetic survey. Work completed by Northern Star (Tanami) Pty Ltd on the Boulder Ridge project has resulted in the identification of 30 out of 89 blocks on EL 29595 to be non-prospective for gold and consequently partially relinquished in October 2018. There are 59 remaining contiguous blocks of EL 29595.