EL 26635 5th Annual Report period 16 February 2016 to 15 February 2017

Abstract

Tenement EL 26635 was granted to Toro Energy Limited ('Toro Energy') on the 16 February 2012. Toro Energy subsequently announced it was entering a joint venture agreement with Northern Minerals Pty Ltd ('Northern Minerals') for a group of seven tenements, including EL 26635, which together were named the Toro JV Project. Northern Star (Tanami) Pty Ltd ('NST') became the 100% legal and beneficial owner of a number of Titles in the Northern Territory, including EL 26635, pursuant to a Tenement Sale Agreement and Mineral Rights Agreement both executed 29 August 2016 with completion effective from 9th January 2017. to this there was no on-ground work activities for the reporting period, and review of available datasets did not commence until January 2017. Due to this there was no on-ground work activities for the reporting period, and review of available datasets did not commence until January 2017.