Group Technical Report GR438 23 August 2017 to 22 August 2018

Abstract

The Mt Fitch (No. 2) Project comprises of Exploration Licences in Retention (ELR) 125, 146 and 148 (the licences). These licences are located approximately 55km South of Darwin and have a combined area of 2,791.7 hectares. The licence area sits within the highly prospective and resource rich Rum Jungle Mineral Field within the Pine Creek Orogen. The area is known to host various commodities, which includes copper, lead, nickel, zinc, cobalt and uranium. Northern Territory Resources (NTR) has entered into an Agreement which has been assigned to Doe Run Australia NL (DRA). During the reporting period a LiDAR survey was flown over all of the NTR tenements. As well, all the tenements in Group 438 we subject to a geophysics re-processing program, and a historic core hole re-logging program is underway. These activities were completed to validate and strengthen the current interpretation of geophysical anomalies.