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Northern Minerals Ltd.

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Summary

Project:

Browns Range

Deposit:Dazzler, Iceman
Location:Australia
Commodities:Rare Earth
Date:8/2/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:2-8-2018: Northern Minerals Ltd. announces an Exploration/Drilling Update report for its Dazzler, Iceman deposit at the Browns Range project. pXRF RC chip results incl. 19.0m @ avg. 37000ppm Yt from 19m. Australian heavy rare earths producer Northern Mine
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Robin Wilson (Internal)
ABSTRACT:Australian heavy rare earths producer Northern Minerals Limited (ASX: NTU) (the Company) is pleased to announce that exploration drilling at the Iceman and Dazzler prospects has returned highly anomalous portable XRF (pXRF) measurements of yttrium over relatively wide zones (see Table 1 below). These two prospects are located less than 15km from the Browns Range processing plant (see Figure 1 below). The measurement of yttrium using a pXRF is a method that has been used extensively at Browns Range. Historical data demonstrates final assayed Yttrium and TREO has a strong correlation with pXRF (Yttrium) field analysis of RC drill samples at Browns Range. However, the pXRF results that are the subject of this report are preliminary only and the “pXRF Yttrium” and “Estimated TREO by Correlation” is only an indication of the expected order of magnitude for TREO and Yttrium final analysis. The samples analysed, that are the subject of this report, will be submitted for laboratory assay, and some variation from the results presented herein should be expected

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