• In the June quarter, Todd River Resources (TRT) suffered exploration delays due to travel and access restrictions in the Northern Territory and WA
  • This has led the company to defer exploration at the Nanutarra and Mt Hardy projects
  • Negotiations for an exploration agreement relating to the Petermann Range Project continue with the Central Land Council, who represent the traditional landowners
  • Unfortunately, access restrictions into indigenous communities will cause delays in the negotiations
  • In the meantime, Todd River entered agreements to acquire Marlee Base Metals and Moonknight
  • These companies hold tenements adjacent from the Berkshire Valley Project, which is just 100 kilometres north of Chalice Gold Mines' Julimar discovery
  • Todd River ended the quarter with $1.36 million in cash
  • Company shares are trading 2.86 per cent higher for 3.6 cents