Northern Manganese : Drilling Results 6-6-2016

Microsoft Word - 2016_06_06_NTM drilling results ASX Ann-RH.docx

6 June 2016

Confidence Boost from RC Drilling Results at Golden Terrace South - Redcliffe Gold Project

The Company is pleased to announce results from preliminary composite sampling of the recently completed 10 hole RC drilling programme at the Golden Terrace South (GTS) gold deposit.

The results include;

15m @ 14.47g/t	from 85m to 100m EOH in GTRC 381
40m @ 4.35g/t	from 30m to 70m including
20m @ 6.98g/t	from 50m to 70m from GTRC 382
60m @ 4.04g/t	from 70m to 120m EOH in GTRC 385
65m @ 4.46g/t	from 60m to 125m in GTRC 386
91m @ 3.88g/t	from 35m to 126m EOH in GTRC 387

The ten RC holes were completed for a total of 1150 metres. The primary aim of these holes was to more accurately define the extent, geometry, and grade of critical high grade gold zones. These zones are largely within the conceptual "phase 1 open pit" being considered to exploit the oxide/supergene zones although several of the deeper intersections extend outside the envelope.

Composite samples over 5 metres were collected and submitted for assay to determine zones requiring assay of single metre splits (composites are not used in resource calculations and are used as a guide only).

Results from follow up single metre assays and geological information will be used to aid interpretation and resource modelling for the GTS deposit and lead to a resource update and JORC 2012 compliance.

The current JORC 2004 compliant resource estimate for GTS is 90,000 ounces. (1,391,000t @ 2.02g/t, of which 707,000t @ 2.46g/t for 56,000oz is classified as Indicated and 684,000 @ 1.56g/t for 34,000oz as Inferred)

The Mining Execution plan is to be brought up to date along with financial studies to enable decisions to be made on the development.

Further results from single metre assays will be announced as they come to hand as will findings from studies over the coming weeks.

Sampling Procedure and Results

Drill chips are collected for each metre advance of RC drill holes samples from which a single metre sample is riffle split and saved for later assaying if required. A sub sample is collected from the remainder of the sample and composited over 5m intervals. The 5m composite assay results reported herein will not be used in resource calculations but give an overview of mineralisation and provide a guide as to which intervals require the individual samples to be assayed.

DRILL HOLE RESULTS SUMMARY TABLE

This table is a summary of results obtained from each hole. Intercepts are down hole widths calculated using a nominal 0.5g/t lower cut, generally maximum one sample of lesser grade included. No upper cut employed. Coordinates are GDA94 Zone 51

HOLE GDA_E GDA_N DEPTH (m) AZ/DIP FROM TO RESULT (Au)
GTRC378	357508	6838310	100	270/-­‐60	40	50	10m @ 4.66g/t
85	95	10m @ 1.42g/t
GTRC379	357523	6838310	120	270/-­‐60	30	35	5m @ 9.65g/t
75	95	20m @ 3.91g/t
GTRC380	357540	6838310	132	270/-­‐60	90	110	20m @ 1.56g/t
120	132	12m @ 1.28g/t EOH
GTRC381	357518	6838290	100	270/-­‐60	55	65	10m @ 2.08g/t
85	100	15m @ 14.47g/t
GTRC382	357535	6838290	96	270/-­‐60	30	70	40m @ 4.35g/t
Inc.	50	70	20m @ 6.98g/t
80	96	16m @ 1.65g/t EOH
GTRC383	357530	6838250	100	270/-­‐60	55	65	10m @ 3.00g/t
GTRC384	357545	6838250	108	270/-­‐60	70	105	35m @ 2.70g/t
GTRC385	357540	6838260	130	270/-­‐60	30	45	15m @ 2.10g/t
70	130	60m @ 4.04g/t EOH
75	105	30m @ 6.69g/t
GTRC386	357530	6838270	138	270/-­‐60	60	125	65m @ 4.46g/t
GTRC387	357540	6838270	126	270/-­‐60	35	126	91m @ 3.88g/t EOH
Inc.	90	105	15m @ 6.49 g/t

Collar Plan Showing Summary of Composite Sample Intercepts from 2016 RC Drilling (& showing previous drill hole collars)

Redcliffe Gold Project

The Company has a 100% beneficial interest in the Redcliffe Gold Project which is located 40-­‐55km northeast of Leonora and around 230km north of Kalgoorlie in Western Australia. The Project consists of four granted mining leases and an exploration licence covering 118sqkm and includes a considerable strike length of the regionally important Mertondale Shear Zone (MSZ). Current estimated gold resources within the mining leases, over a number of deposits, stands at 278,000 ounces. (5,480,000t @ 1.57g/t of which 969,000t @ 2.70g/t for 84,000oz is classified as Indicated and 4,512,000t @ 1.33g/t 193,600oz as inferred.)

The highly prospective project area offers considerable scope for new discoveries and extension of existing deposits.

Further exploration and mining studies are proposed to advance NTM in its objective to exploit gold deposits.

Lloyd Jones Managing Director

For further information relating to this programme contact Rodney Foster, Technical Director on 0417 343111.

Competent Person Statement

The information in this report, as it relates to Exploration Results, is based on information compiled and/or reviewed by Rodney Foster who is a Member of The Australasian Institute of Mining and Metallurgy. Rodney Foster is a Director of the Company. He has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Rodney Foster consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

This information with respect to Resources was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported.