Officer Hills South Project EL 27995 Annual Technical Report for the period 18 November 2016 to 17 November 2017

Abstract

This report discusses exploration activities on EL 27995, located c. 540 km north-west of Alice Springs, Northern Territory, for the second year of tenure, covering the period 18th November 2016 to 17th November 2017. During 2014, Ramelius Resources Ltd entered into a Farm-in Agreement with Tychean Resources Limited, comprising the Tanami Joint Venture, which includes EL 27995. Ramelius are operators of the project and can earn an 85% Joint Venture Interest in the tenement package by sole funding $500,000 over 3 years. Work carried out during 2017 comprised a compilation and assessment of all open-file data, aeromagnetic interpretation, target generation and planning of a reconnaissance Air Core drilling program. A field visit was conducted to determine access routes for the drilling, with earthworks subsequently completed to upgrade an exisiting track from Tanami Downs Station.