Northern Star Resources Ltd (Northern Star) was established to explore for, and develop ore deposits in the East Kimberley region of Western Australia. The Company is principally engaged in the acquisition of mineral tenements, mineral exploration and investment. The East Kimberley region is highly prospective, yet under-explored, with potential for the discovery of significant deposits of base metals, precious metals, nickel-copper, diamonds and uranium. Northern Star manages a tenement position covering approximately 3,400 square kilometers. All the tenements are 100%-owned by the Company subject to a 1% net smelter return to Biscay Resources Pty Ltd (vendor).
(Source: ARS)
