Groundrush Project Annual Report for the period 14 September 2016 to 13 September 2017 for ML 22934

Abstract

This report describes exploration activities primarily for gold undertaken by Northern Star (Tanami) Pty Ltd over ML 22934 as part of the Groundrush Project between the 14 September 2016 and 13 September 2017. The centre of the Project area is located approximately 600km northwest of Alice Springs along the Tanami Road and lies 40km northeast of the Tanami Mill which is currently under care and maintenance. The Groundrush tenement forms part of a larger Joint Venture agreement between Tanami Gold (NT) Pty Ltd and newly incumbent joint venture partner and manager Northern Star (Tanami) Pty Ltd, a wholly owned subsidiary of Northern Star Resources Limited. Work completed over ML 22934 by NST during the reporting period comprised: collection and geological logging of 54 mapping points, including legacy drill chip samples, with geochemical analysis of four from the Groundrush area; magnetic-radiometric survey of the Groundrush region as a part of a larger regional airborne survey. Preliminary geological interpretation; submission of an MMP variation to the DPIR requesting approval for Air Core drilling over adjacent prospects; and ongoing mining feasibility studies.