Talbot North Project EL 27806 Annual Technical Report for the period 14 July 2017 to 13 July 2018

Abstract

This report discusses exploration activities on EL 27806, located c. 610km north-west of Alice Springs, Northern Territory, for the eighth year of tenure, covering the period 14th July 2017 to 13th July 2018. During 2014, Ramelius Resources Ltd entered into a Farm-in Agreement with Tychean Resources Limited, comprising the Tanami Joint Venture, which includes EL 27806. Ramelius are operators of the project and have earned an 85% Joint Venture Interest in the tenement package by sole funding $500,000 over 3 years. No fieldwork was carried out on the tenement during the reporting period. Shallow RAB or air-core drilling of aeromagnetic targets concealed by transported cover (approximately 500m) is proposed for 2018-2019.