Great Northern Project Annual Report for ML 30232 for the period 3 February 2017 to 2 February 2018

Abstract

Due to an ongoing general downturn in the work available for small to medium civil contracting firms the operator, Mining and Civil Services Pty Ltd still had insufficient cash flow to progress the Great Northern Project in 2017. The operator has designed and fabricated a new sluice and has refurbished the high pressure water monitor. Considering the lengthy suspension of mining activity the title holders, NT Gold Pty Ltd and Wladimir Falko will again consider the termination of Mining and Civil Services Pty Ltd as the nominated operator should satisfactory progress not be achieved this coming Dry Season.