Group Technical Report GR435 23 August 2017 to 22 August 2018

Abstract

The Mt Fitch Project comprises of Mineral Lease Northern (MLN) 1157, 1158, 1159, 1161 and Mineral Lease 31229 (the licences). These licences are located approximately 55km South of Darwin and have a combined area of 489.13 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 435 we subject to a geophysics re-processing program with the exception of ML 31229. These activities were completed to validate and strengthen the current interpretation of geophysical anomalies.