Walabanba Project Group Annual Report GR145/10 EL 26848 and EL 27115 5 March 2016 to 4 March 2017

Abstract

The Walabanba Hills Project is operated by Todd River Metals Pty Ltd, a wholly owned subsidiary of Todd River Resources Ltd. The project comprises two exploration licences (EL 26848 and EL 27115) in the north-central portion of the Paleoproterozoic Arunta Province. The Walabanba licences were acquired with a view to exploration for primary base metal sulphides, nickel and magnetite hosted vanadium-titanium, as found in the Mount Peake Fe-V-Ti deposit to the east. During the reporting period preparations for drilling have been completed. It was hoped the programme would take place in March but it has been delayed until May 2017. A review has also been completed on the geology and exploration history of the Anningie Tin Field and exploration across the area will take place subject to AAPA approval.