Group Technical Report GR437 3 December 2017 to 2 December 2018

Abstract

The Batchelor Project comprises of Exploration Licences 25561, 27005, 27007, 27559, 27560, 27561, 27562, 27638, 27788, 27789, 27968, 27969, 28037 and 28703 (the licences). The northern licences are located approximately 45km South of Darwin and the southern licences are located approximately 70km South of Darwin. The licences have a combined area of 60.71 square km. 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. During the reporting period a LiDAR survey was flown over all of the NTR tenements. As well, several tenements in Group 437 we subject to a geophysics re-processing program. A detailed investigation was conducted on existing known mineral occurrences / targets, focusing on exploration potential of the southern tenements within the NTR land tenure. A land owner identification study was also completed for all of the southern tenements. These activities were completed to validate and strengthen the current geological and geophysical interpretation of the tenements in order to determine the economic potential and plan future exploration programs.