GR390-19 Combined annual technical report Wollogorang Project EL 31272, EL 30496 and EL 30590 for the period 10 April 2018 to 28 February 2019 and EL 31546, EL 31547, EL 31548, EL 31549 and EL 31550 for the period 19 January 2018 to 28 February 2019

Abstract

EL 31272, EL 30496, EL 30590, EL 31546, EL 31547, EL 31548, EL 31549 and EL 31550 form the Wollogorang Project (GR390), which is currently held by Mangrove Resources Pty. Ltd., a subsidiary company of Northern Cobalt Ltd. Work completed during the reporting period included; a regional airborne magnetic/radiometric survey, a regional RAB/AC drilling program, an IP survey, surface geochemistry and metallurgical test work on the previously defined Stanton Resource (JORC 2012 compliant). Positive results were returned from the regional RAB/AC drilling, including the identification of the GregJo Prospect. Initial work during the next reporting period will focus on the GregJo prospect and will include bedrock drilling along strike and RC drilling at depth. If success is met during follow-up of IP anomalies, further IP surveys will be undertaken.