Tanami Mine Project Annual Report for the period 1 January 2017 to 31 December 2017 GR026/02, MLS 119-MLS 133, MLS 153, MLS 167, MLS 168 and MLS 180

Abstract

Following farm-in to the CTP with majority registered holder, Tanami Gold (NT) Pty Ltd (TNT), NST initiated an intensive programme of data validation and compilation of TNT's original database into NST's new corporate acQuire database system together with historic GIS geochemical and geophysical datasets to support regional targeting exercises with field reconnaissance to ground-truth historical geological and structural mapping. Other work completed or on-going during the reporting period comprised: surface sampling and assaying; regional and infill aeromagnetic/radiometric surveys; local Gravity Survey; MIRA Depth of Cover study; resource modelling along the Central Tanami mine corridor - ongoing. This extensive work described above is on-going into 2018; operational and exploration MMP's were submitted to the Department of Primary Industry and Resources and approved in December 2017. The proposed work for the CTP within these MMP's includes AC, RC and DD drilling over multiple prospects located on MLS 153, MLS 168 and EL 26926 to test for new gold bearing zones along with extensions to known resources. In addition, NST has received various approved regional Sacred Site Clearance Certificates from the Central Land Council.