NORTHERN STAR RESOURCES LTD — Capital/Financing Update 2016

Nov 6, 2016

Jundee’s production set to increase following more

outstanding exploration results Production rate to increase by 15% in FY18 to 250,000ozpa with studies underway on second-phase expansion to 300,000ozpa

KEY POINTS

• Northern Star commits to increasing Jundee’s plant capacity, lifting the project’s production rate by 15% to 250,000ozpa in FY18

• Highly successful processing trial shows this increased capacity is achievable using existing infrastructure

ASX ANNOUNCEMENT 7 November 2016

Australian Securities Exchange Code: NST

Board of Directors

Mr Chris Rowe Non-Executive Chairman

Mr Bill Beament Managing Director

• Decision follows outstanding exploration results, including discovery of the 1km-long Armada trend and Westside mineralisation 400m below existing workings

• In light of these results, Northern Star is also considering a phase two expansion to 300,000ozpa

• Armada trend now extends over 1km strike and remains open in all directions. Significant results include:  3.0m at 24.5gpt ● 11.9m at 8.8gpt ● 4.3m at 11.6gpt

• Modelling indicates Armada links to Nexus-Revelation trend to the south, extending the overall system to 2-3km along strike

• More strong drilling results from the Revelation trend, ~800m south of existing mine workings, including:

• 1.0m at 22.8gpt ● 3.6m at 6.5gpt ● 4.0m at 3.9gpt

Mr Peter O’Connor Non-Executive Director

Mr John Fitzgerald Non-Executive Director

Ms Shirley In’tVeld Non-Executive Director

Mr David Flanagan Non-Executive Director

Issued Capital

Shares 601M Options 3M Current Share Price A$4.44

Market Capitalisation A$2.66 billion Cash and Cash Equivalents 31 Sep 2016 - A$350 million

Level 1, 388 Hay St Subiaco WA 6008 T +6 8 6188 2100 F +6 8 6188 2111 E info@nsrltd.com www.nsrltd.com

• Gateway trend continues to expand with mineralisation intersected down-plunge and along strike. Results include:

• 0.3m at 466gpt ● 0.3m at 438gpt ● 3.2m at 79.5gpt

• 1.1m at 58.4gpt ● 1.3m at 69.5gpt ● 1.2m at 50.9gpt

• Very high-grade mineralisation intersected at Westside lode, 400m below existing mine workings where 3.2Moz at 10gpt has been produced to date:

• 0.3m at 380.0gpt

• High-grade Westside lode intersections indicate significant mineralisation remains in multiple locations; results include:

• 0.3m at 633gpt ● 0.6m at 107gpt

• 0.3m at 121gpt ● 1.0m at 47.2gpt

• High-grade mineralisation intersected at Lyons lode provides significant extensions. Intersections include:  1.1m at 124.3gpt ● 3.2m at 23.2gpt ● 4.9m at 11.3gpt

• Further open pit resource drilling at Vause extends resource potential. Results include:  4.0m at 29.9gpt ● 7.0m at 13.5gpt ● 5.0m at 12.9gpt

• Regional drilling program on new targets returns highly promising results from first three targets. Significant intersections include:  29.0m at 4.7gpt ● 27.0m at 1.4gpt ● 5.0m at 3.04gpt

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ASX ANNOUNCEMENT – 7 NOVEMBER 2016

Northern Star Resources Limited (ASX: NST) is pleased to announce that it will increase the production capacity at its Jundee project in WA following outstanding exploration results and a highly successful trial at the processing plant.

The first phase of production growth will see throughput capacity at the Jundee plant increased by 25% by adjusting operating parameters within the existing infrastructure. Mainly through the introduction of secondary crushing to the blended mill feed and higher SAG throughput by greater utilisation of available motor power.

This growth will be achieved for a minor cost and will result in a 15% increase in Jundee’s annualised production rate to 250,000oz from FY18 onwards.

Northern Star has established both the cost and effectiveness of this increased capacity by conducting a trial throughout October. This trial resulted in record throughput of 131,669 tonnes during the month for production of 20,414oz.

Northern Star will also commence studies on a phase-two plant expansion aimed at potentially increasing production to 300,000ozpa.

The production growth strategy stems from the outstanding exploration results being achieved at Jundee, which highlight the scope for substantial increases in the project’s inventory and mine life.

In-mine resource and exploration drilling continues to expand the known extent of all the major mining areas while also growing the new discoveries on the Armada and Revelation trends.

Northern Star Managing Director Bill Beament said the combination of the exploration results and the successful processing trial showed Jundee was set to make a strong contribution to the Company’s organic growth strategy.

“The outstanding exploration results demonstrate the potential to grow Jundee’s inventory in several areas,” Mr Beament said.

“In light of these results, we are confident that we can increase the production rate at Jundee and also continue to increase mine life.

“This strategy is particularly attractive given that the initial production increase will be achieved for virtually no capital cost.

“This means Jundee will play an important role in enabling us to achieve our goal of growing production to 600,000oz per annum from organic sources in 2018.”

Exploration Details

The drilling program from the new drill drive at the base of the mine continues to progressively explore beyond the existing Jundee mine system with significant success.

The Armada discovery has now been defined as a major mineralised corridor over a strike length of 1km in the hanging wall of the main Jundee sequence and remains open in all directions (see figure 1). Infill and extensional drilling continues to generate strong results with wide-spaced drilling in the footwall of the Armada trend intersecting additional significant mineralisation in sub-parallel structures.

To the south, the Armada trend potentially links to the existing Nexus system and new Revelation trend outlining a largely untapped mineralised corridor of some 2-3km in length.

In-mine drilling at both Gateway-Gringotts continues to provide high grade extensions to the known systems both along strike and down plunge.

In addition, extensional drilling at Lyons returned significant high grade intersections along strike to the north of the existing infrastructure with considerable potential still to be tested.

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ASX ANNOUNCEMENT – 7 NOVEMBER 2016

==> picture [529 x 298] intentionally omitted <==

Figure 1: Oblique long section view of Jundee with major drill intersections. Note the strike length of both Armada and Revelation trends

Additional mineralisation continues to be confirmed some 400m below the existing mine development at the Westside lode, providing extensions to the part of the mine with historical production of 3.2Moz at ~10gpt (see figure 2).

==> picture [529 x 298] intentionally omitted <==

Figure 2: Oblique cross-section view of Jundee with major drill intersections. Previous production from the Westside lode totals 3.2Moz at 10gpt

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ASX ANNOUNCEMENT – 7 NOVEMBER 2016

Infill drilling on the Revelation trend also continues to show significant promise with the further 800m of strike northwards towards the existing mine infrastructure at Nexus to be tested later in FY17 (see figure 3).

==> picture [410 x 683] intentionally omitted <==

Figure 3: Plan view of Jundee mine. Shows the opportunity for the Revelation trend to connect with Nexus

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ASX ANNOUNCEMENT – 7 NOVEMBER 2016

Excellent results have also been achieved on the recently completed open pit resource extension drilling at the Gourdis-Vause centre located 25km south of Jundee mine. With a large numbers of assays still pending, the program has indicated extensions to the existing shallow resource inventory with strong assay results including:

• T1 Area 4.0m at 29.9gpt and 5.0m at 12.9gpt, T2 Area 2.0m at 16.9gpt, T13 Area 7.0m at 13.5gpt; and

• T20 Area 8.0m at 2.7gpt, T17 Area 17.0m at 2.3gpt and 5.0m at 6.2gpt

The results are being incorporated into revised resource models for preliminary mine design analysis.

Regionally, aircore drilling recommenced focused on new targets in the Gourdis-Vause region south of the Jundee Mine area. Early significant results from Hendrix, (2m @10.0 gpt from 45m), Ramone (29m @ 4.7gpt gold from surface) and Neal’s Knob (10m @ 1.67gpt gold from 25m) prospects highlight the considerable potential within the Jundee tenements for future discoveries.

A 3D animation of the results can be viewed on the Northern Star website at the following link: http://mapability.com.au/interactive/clients/nst/jundee/

Yours faithfully

==> picture [105 x 26] intentionally omitted <==

BILL BEAMENT Managing Director Northern Star Resources Limited

Investor Enquiries: Luke Gleeson, Investor Relations, Northern Star Resources Limited

T: +61 8 6188 2103 E: lgleeson@nsrltd.com

Competent Persons Statements

The information in this announcement that relates to exploration results, data quality and geological interpretations, is based on information compiled by Brook Ekers, a Competent Person who is a Member of the Australian Institute of Geoscientists and a full-time employee of Northern Star Resources Limited. Mr Ekers has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken 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" for the Group reporting. Mr Ekers consents to the inclusion in this announcement of the matters based on this information in the form and context in which it appears.

Forward Looking Statements

Northern Star Resources Limited has prepared this announcement based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this announcement. To the maximum extent permitted by law, none of Northern Star Resources Limited, its directors, employees or agents, advisers, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this announcement or its contents or otherwise arising in connection with it.

This announcement is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this announcement nor anything in it shall form the basis of any contract or commitment whatsoever. This announcement may contain forward looking statements that are subject to risk factors associated with gold exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.

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ASX ANNOUNCEMENT – 7 NOVEMBER 2016

APPENDIX 1 – JUNDEE DRILL RESULTS

					ARMADA T	REND
Drill Hole #	Easting (Mine Grid)	Northing (Mine Grid)	Drill hole collar RL (Mine Grid)	Dip (degrees)	Azimuth (degrees, Mine Grid)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
JRD10436	49512	97604	2563	-45	230	1170.6	724.0	724.4	0.4	11.4	0.2
JRD10436	49512	97604	2563	-45	230	1170.6	730.2	733.1	3.0	24.5	1.7
JRD10436	49512	97604	2563	-45	230	1170.6	740.0	741.0	1.0	21.6	0.5
JRD10436	49512	97604	2563	-45	230	1170.6	750.3	750.7	0.4	2.3	0.1
JRD10436	49512	97604	2563	-45	230	1170.6	945.8	946.2	0.4	1.4	0.4
WSXP1933	49462	96349	1720	2	270	999.4			NSI
WSXP1935	49462	96349	1719	-40	270	600.4			NSI
WSXP1964	49490	97058	1681	2	270	1000.0			NSI
WSXP1986	49593	96751	1916	1	255	699.2	498.1	510.0	11.9	8.8	7.5
WSXP1986	Including					699.2	498.1	500.8	2.7	9.0	2.4
WSXP1986	Including					699.2	504.8	507.6	2.8	7.0	2.2
WSXP1986	Including					699.2	509.4	510.0	0.6	62.2	0.4
WSXP1987A	49593	96751	1916	-5	254	729.9	542.7	546.9	4.3	11.6	3.2
WSXP1988	49593	96750	1916	-1	268	651.5	511.2	512.0	0.8	4.8	0.6
WSXP1988	49593	96750	1916	-1	268	651.5	561.4	563.7	2.3	6.3	1.9
WSXP1988	49593	96750	1916	-1	268	651.5	606.3	607.4	1.0	6.8	0.9
WSXP1988	49593	96750	1916	-1	268	651.5	613.9	614.6	0.7	2.1	0.6
WSXP1989	49593	96750	1916	-7	263	715.0	533.6	534.3	0.7	8.0	0.6
WSXP1989	49593	96750	1916	-7	263	715.0	536.1	539.4	3.2	8.3	2.6
WSXP1989	49593	96750	1916	-7	263	715.0	540.7	543.1	2.4	1.3	2.1
WSXP1989	49593	96750	1916	-7	263	715.0	553.4	561.2	7.8	5.5	6.5
WSXP2003	49490	97222	1656	-15	270	649.9			NSI
WSXP2004	49490	97222	1656	-35	270	596.8			NSI
WSXP2016	49588	96541	1912	-1	264	600.1	460.9	461.4	0.5	3.4	0.4
WSXP2017	49588	96541	1912	5	266	560.0	419.6	422.3	2.7	6.7	2.2
WSXP2018	49588	96541	1912	1	273	659.9	449.0	451.3	2.3	7.6	1.8
WSXP2018	49588	96541	1912	1	273	659.9	475.9	476.2	0.3	0.6	0.3
WSXP2019	49588	96540	1912	6	255	559.9	443.4	446.0	2.6	6.4	2.3
WSXP2019	49588	96540	1912	6	255	559.9	455.0	457.0	2.0	2.5	1.6
WSXP2020	49588	96540	1912	0	255	600.0			NSI
WSXP2021	49489	96761	1722	20	270	605.4	457.5	458.3	0.8	5.6	0.6
WSXP2021	49489	96761	1722	20	270	605.4	465.4	466.0	0.6	4.7	0.4
WSXP2021	49489	96761	1722	20	270	605.4	467.4	467.8	0.4	4.2	0.4
WSXP2021	49489	96761	1722	20	270	605.4	532.7	533.2	0.4	2.4	0.3
WSXP2026	49490	96760	1721	-85	200	700.0			NSI
WSXP2034	49489	96761	1722	13	270	593.2	493.3	495.0	1.7	3.9	1.4
WSXP2044	49466	97113	2029	-11	244	600.0			NSI
WSXP2045	49466	97113	2029	-14	255	600.0			NSI
WSXP2046	49457	97126	2028	-10	262	550.0	317.0	317.6	0.6	15.2	0.5
WSXP2046	49457	97126	2028	-10	262	550.0			NSI
WSXP2049	49457	97126	2028	1	288	550.2	161.0	162.0	1.0	2.3	0.3
WSXP2049	49457	97126	2028	1	288	550.2	344.4	344.8	0.4	4.4	0.3
WSXP2049	49457	97126	2028	1	288	550.2	361.7	368.4	6.7	4.0	5.0
WSXP2049	49457	97126	2028	1	288	550.2	375.8	376.1	0.3	1.2	0.3

			ARMADA	SIGNIFICANT INTERSECTIONS - Previously Released	SIGNIFICANT INTERSECTIONS - Previously Released	SIGNIFICANT INTERSECTIONS - Previously Released	SIGNIFICANT INTERSECTIONS - Previously Released	SIGNIFICANT INTERSECTIONS - Previously Released
Drill Hole #	Easting (Mine Grid)	Northing (Mine Grid)	Drill hole collar RL (Mine Grid)	Dip (degrees)	Azimuth (degrees, Mine Grid)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
WSXP1919A	49593	96750	1916	2	281	620.2	528.6	531.3	2.8	17.1	1.5
WSXP1877	49490	96625	1741	17	277	585.0	451.0	455.6	4.6	10.9	4.0
WSXP1854	49489	96623	1743	25	270	458.7	439.5	441.3	1.8	11.5	1.5

					REVELATION TREND	REVELATION TREND
Drill Hole #	Easting (Mine Grid)	Northing (Mine Grid)	Drill hole collar RL (Mine Grid)	Dip (degrees)	Azimuth (degrees, Mine Grid)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
JRD10422	95368	49889	2588	-50	265	739.8	484.9	485.3	0.5	16.2	0.4
JRD10422	95368	49889	2588	-50	265	739.8	684.0	684.9	1.0	22.8	0.9
JRD10422	95368	49889	2588	-50	265	739.8	686.6	689.1	2.5	1.9	2.4
GRXP0177	49108	95614	2366	-8	113	620.0	591.9	592.5	0.6	8.4	0.4
GRXP0174	49108	95614	2366	-30	102	620.0	52.7	53.1	0.4	32.7	0.3
GRXP0174	49108	95614	2366	-30	102	620.0	355.0	358.6	3.6	6.5	2.0
GRXP0174	49108	95614	2366	-30	102	620.0	545.9	549.9	4.0	3.9	3.0

					GATEWAY	TREND
Drill Hole #	Easting (Mine Grid)	Northing (Mine Grid)	Drill hole collar RL (Mine Grid)	Dip (degrees)	Azimuth (degrees, Mine Grid)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
GRGC0167	49067	95693	2302	16	117	194.0	170.8	171.1	0.3	3.4	0.3
GRGC0168	49066	95692	2302	17	127	197.6	154.4	154.7	0.3	1.5	0.3
GRGC0169	49066	95692	2302	9	134	180.0	150.3	153.2	2.9	20.3	2.5
GRGC0170	49065	95692	2302	4	135	179.1	143.5	144.0	0.5	2.1	0.3
GRGC0170	49065	95692	2302	4	135	179.1	162.0	164.0	2.0	2.7	1.5
GRGC0171	49065	95691	2302	9	139	180.2	124.4	124.8	0.3	2.0	0.3
GRGC0171	49065	95691	2302	9	139	180.2	141.2	143.2	2.0	4.4	1.9
GRGC0171	49065	95691	2302	9	139	180.2	144.0	144.6	0.6	4.9	0.4
GRGC0172	49064	95691	2302	21	142	147.5	125.4	126.7	1.3	5.5	0.9

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ASX ANNOUNCEMENT – 7 NOVEMBER 2016

					GATEWAY	TREND
Drill Hole #	Easting (Mine Grid)	Northing (Mine Grid)	Drill hole collar RL (Mine Grid)	Dip (degrees)	Azimuth (degrees, Mine Grid)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
GRGC0173	49064	95691	2302	3	143	175.2	89.6	90.0	0.4	22.4	0.3
GRGC0173	49064	95691	2302	3	143	175.2	138.0	139.4	1.4	4.6	0.3
GRGC0173	49064	95691	2302	3	143	175.2	148.3	148.8	0.5	36.5	0.4
GRGC0173	49064	95691	2302	3	143	175.2	149.3	149.9	0.6	5.9	0.5
GRGC0174	49064	95691	2302	9	147	174.3	120.0	121.0	1.0	2.3	0.7
GRGC0174	49064	95691	2302	9	147	174.3	135.3	135.7	0.4	2.0	0.3
GRGC0174	49064	95691	2302	9	147	174.3	145.0	146.0	1.0	7.0	0.6
GRGC0175	49064	95691	2302	4	152	192.7	69.0	69.3	0.3	6.3	0.3
GRGC0176	49064	95691	2302	11	156	151.2	126.0	127.0	1.0	1.2	0.3
GRGC0177	49064	95691	2302	3	159	153.1	138.0	138.3	0.3	47.7	0.3
GRGC0178	49064	95691	2302	22	162	134.0	102.0	104.0	2.0	1.1	0.5
GRGC0179	49064	95691	2302	12	166	141.1	110.2	111.3	1.1	58.4	0.8
GRGC0179	49064	95691	2302	12	166	141.1	124.2	125.2	1.0	11.9	0.6
GRGC0180	49064	95691	2302	3	166	155.0	129.8	130.3	0.5	2.3	0.3
GRGC0181	49064	95691	2302	13	171	147.0	41.6	42.7	1.2	50.8	0.9
GRGC0181	49064	95691	2302	13	171	147.0	106.7	107.2	0.6	1.4	0.3
GRGC0181	49064	95691	2302	13	171	147.0	118.0	119.3	1.3	2.0	1.1
GRGC0182	49064	95691	2302	24	173	136.0	98.2	98.5	0.3	3.6	0.3
GRGC0182	49064	95691	2302	24	173	136.0	99.5	99.9	0.4	51.6	0.3
GRGC0183	49064	95691	2302	3	175	154.9			NSI
GRGC0189	49061	95635	2353	29	32	20.0	4.1	4.4	0.3	17.4	0.3
GRGC0190	49061	95635	2352	23	75	48.0	9.7	10.0	0.3	21.0	0.3
GRGC0190	49061	95635	2352	23	75	48.0	11.5	12.1	0.6	11.5	0.5
GRGC0195	49051	95644	2380	2	82	38.1	8.8	9.1	0.3	438.0	0.3
GRGC0195	49051	95644	2380	2	82	38.1	12.5	12.9	0.4	5.1	0.3
GRXP0180	49094	95627	2365	-34	46	130.0	96.7	98.2	1.5	4.5	1.0
GRXP0182	49094	95627	2365	-21	54	139.1	105.2	106.8	1.6	2.1	1.2
GRXP0183	49064	95691	2302	3	175	119.0	62.7	63.3	0.6	5.0	0.4
GRXP0184	49084	95642	2364	-30	102	189.0			NSI
GRXP0186	49192	95624	2352	-42	9	60.0	33.1	34.2	1.1	6.8	0.8
GRXP0187	49192	95624	2353	-6	16	105.0	83.7	84.5	0.8	9.8	0.6
GRXP0187	49192	95624	2353	-6	16	105.0	84.8	85.4	0.6	3.4	0.4
GRXP0189	49193	95624	2353	-7	35	89.8	43.3	43.7	0.4	20.3	0.3
GRXP0189	49193	95624	2353	-7	35	89.8	58.0	58.9	0.9	17.4	0.3
GRXP0189	49193	95624	2353	-7	35	89.8	58.0	58.9	0.9	17.4	0.5
GRXP0189	49193	95624	2353	-7	35	89.8	59.4	61.5	2.1	6.8	1.5
GRXP0189	49193	95624	2353	-7	35	89.8	60.4	61.5	1.1	6.8	0.9
GRXP0190	49193	95624	2353	5	39	151.5	120.0	120.4	0.4	1.6	0.3
GRXP0191	49194	95624	2352	-55	44	51.1	24.5	25.0	0.5	82.0	0.3
GRXP0191	49194	95624	2352	-55	44	51.1	31.3	32.6	1.3	12.5	1.1
GRXP0191	49194	95624	2352	-55	44	51.1	32.9	33.3	0.3	4.4	0.3
GRXP0192	49199	95623	2353	-9	47	73.0	53.7	54.5	0.8	2.3	0.7
GRXP0194	49199	95622	2352	-26	84	62.0	0.0	1.7	1.7	4.9	1.4
GRXP0194	49199	95622	2352	-26	84	62.0	14.0	14.8	0.8	38.6	0.6
GRXP0194	49199	95622	2352	-26	84	62.0	32.0	33.6	1.6	9.8	1.0
GRXP0194	49199	95622	2352	-26	84	62.0	48.1	48.5	0.4	2.3	0.4
GRXP0195	49080	95744	2374	14	103	261.1	5.0	8.2	3.2	4.5	2.8
GRXP0197	49079	95743	2373	5	106	275.0	2.2	3.3	1.1	39.9	0.9
GRXP0197	49079	95743	2373	5	106	275.0	30.2	33.0	2.8	4.6	2.1
GRXP0198	49079	95743	2374	12	112	282.0	4.5	7.7	3.2	3.4	2.9
GRXP0198	49079	95743	2374	12	112	282.0	176.6	177.0	0.4	4.5	0.3
GRXP0198	49079	95743	2374	12	112	282.0	216.4	217.0	0.6	13.3	0.4
GRXP0199	49079	95743	2373	3	113	275.6	203.0	203.8	0.8	12.8	0.6
GRXP0199	49079	95743	2373	3	113	275.6	220.7	223.0	2.3	14.9	1.1
GRXP0200	49079	95743	2374	14	121	250.8	106.0	106.6	0.6	1.0	0.3
GRXP0200	49079	95743	2374	14	121	250.8	128.7	130.6	1.9	11.7	1.0
GRXP0200	49079	95743	2374	14	121	250.8	136.8	139.5	2.7	9.6	1.0
GRXP0200	49079	95743	2374	14	121	250.8	157.6	158.0	0.4	1.8	1.0
GRXP0202	49079	95743	2373	3	123	244.0	2.9	3.3	0.4	13.1	0.3
GRXP0202	49079	95743	2373	3	123	244.0	5.0	5.3	0.3	10.5	0.3
GRXP0202	49079	95743	2373	3	123	244.0	170.5	172.5	2.0	10.4	1.5
GRXP0202	49079	95743	2373	3	123	244.0	175.2	176.4	1.1	17.3	0.8
GRXP0203	49079	95742	2374	19	136	174.0	37.2	39.2	2.0	22.3	1.6
GRXP0203	49079	95742	2374	19	136	174.0			NSI
GRXP0204	49077	95741	2374	12	150	163.0	44.5	45.8	1.3	69.5	0.5
GRXP0204	49077	95741	2374	12	150	163.0	54.0	55.5	1.5	41.5	0.7
GRXP0204	49077	95741	2374	12	150	163.0	126.4	127.0	0.6	2.7	0.4
GRXP0204	49077	95741	2374	12	150	163.0	135.0	135.3	0.3	1.0	0.3
GWGC0723	48908	96171	2311	-55	311	186.0	166.2	169.4	3.2	79.5	2.1
GWGC0729	48909	96171	2311	-53	336	166.1	136.6	137.0	0.4	1.3	0.3
GWGC0743	48651	95701	2042	-49	55	198.1	162.2	162.8	0.7	6.2	0.4
GWGC0743	48651	95701	2042	-49	55	198.1	163.6	164.0	0.4	7.7	0.3
GWGC0744	48651	95701	2042	-29	59	178.1			NSI
GWGC0745	48651	95701	2042	-40	61	196.0			NSI
GWGC0746	48651	95701	2042	-31	69	189.1	148.6	149.4	0.8	18.9	0.5
GWGC0747	48651	95701	2042	-28	82	167.0			NSI
GWGC0748	48651	95701	2042	-41	83	165.1			NSI
GWGC0749	48651	95701	2042	-25	93	170.0	145.8	146.2	0.4	35.7	0.3
GWGC0750	48651	95701	2042	-24	101	277.2	153.4	153.7	0.3	4.9	0.3
GWGC0750	48651	95701	2042	-24	101	277.2	224.2	224.7	0.4	4.8	0.4
GWGC0764	48973	96343	2422	-43	29	123.9			NSI

ASX: NST

Page 7 of 20

ASX ANNOUNCEMENT – 7 NOVEMBER 2016

					GATEWAY	TREND
Drill Hole #	Easting (Mine Grid)	Northing (Mine Grid)	Drill hole collar RL (Mine Grid)	Dip (degrees)	Azimuth (degrees, Mine Grid)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
GWGC0766	48973	96344	2422	-34	39	116.0	106.3	108.2	1.9	1.8	1.0
GWGC0767	48973	96343	2422	-43	43	129.9			NSI
GWGC0768	48973	96343	2422	-34	50	133.1			NSI
GWGC0769	48973	96343	2422	-42	54	122.9	100.3	100.6	0.3	59.3	0.3
GWGC0769	48973	96343	2422	-42	54	122.9	106.0	106.3	0.3	466.0	0.3
GWGC0780	49031	95494	2089	-13	193	59.9	11.8	12.2	0.4	31.1	0.3
GWGC0780	49031	95494	2089	-13	193	59.9	29.1	29.4	0.3	9.5	0.3
GWGC0781	49031	95494	2089	14	193	55.0			NSI
GWGC0783	49031	95494	2089	-8	212	59.7	9.4	9.7	0.3	17.4	0.3
GWGC0784	49031	95494	2090	24	222	65.0			NSI
GWGC0785	49031	95494	2090	17	231	60.0			NSI
GWGC0786	49028	95501	2090	21	245	83.0	33.0	34.0	1.0	2.6	1.0
GWGC0787	49028	95501	2090	11	240	65.0	64.1	64.4	0.3	11.6	0.3
GWGC0788	49028	95501	2089	-9	239	70.0	29.4	29.9	0.5	11.5	0.3
GWGC0789	49028	95501	2088	-35	239	56.0	40.0	41.0	1.0	2.1	0.5
GWGC0790	49028	95501	2090	11	255	85.0	31.0	34.0	3.0	3.2	2.0
GWGC0791	49028	95501	2089	-8	254	75.0	46.0	46.3	0.3	2.9	0.3
GWGC0793	49028	95501	2089	-7	273	65.0	29.7	31.1	1.4	3.9	1.0
GWGC0794	49028	95501	2088	-33	274	78.0			NSI
GWGC0800	48832	95879	1927	-21	257	155.0	113.9	115.2	1.4	5.2	1.1
GWGC0800	48832	95879	1927	-21	257	155.0	120.4	121.0	0.6	26.9	0.5
GWGC0802	48832	95879	1927	-11	265	124.7	84.7	85.2	0.5	3.8	0.4
GWGC0802	48832	95879	1927	-11	265	124.7	93.2	97.0	3.8	5.7	3.5
GWGC0803	48832	95879	1927	-12	273	125.0	97.2	98.0	0.8	2.4	0.7
GWGC0804	48832	95879	1927	-20	273	150.1			NSI
GWGC0805	48832	95879	1927	-26	273	164.9			NSI
GWGC0807	48832	95879	1927	-11	285	135.0			NSI
GWGC0808	48832	95879	1927	-18	285	163.1			NSI
GWGC0809	48832	95878	1927	11	295	110.1			NSI
GWGC0810A	48832	95879	1928	1	298	128.0			NSI
GWGC0811	48832	95879	1927	-18	296	120.1			NSI
GWGC0812	48832	95884	1927	24	305	105.0	80.6	81.5	0.9	7.0	0.6
GWGC0813	48832	95884	1927	11	305	132.0			NSI
GWGC0814	48832	95884	1927	1	305	130.0	32.0	32.3	0.3	71.1	0.3
GWXP0320	48655	95684	2042	-49	160	278.9			NSI
GWXP0321	48655	95684	2042	-58	156	230.9			NSI
GWXP0321A	48655	95684	2042	-57	160	232.2			NSI
GWXP0322	48656	95685	2042	-48	149	274.2			NSI
GWXP0323	48650	95701	2042	-75	141	245.0	219.5	219.9	0.5	10.7	0.3
GWXP0324	48650	95701	2042	-84	131	261.9	227.6	229.7	2.0	6.2	1.0
GWXP0325	48649	95702	2041	-60	103	183.2	161.5	161.8	0.3	1.8	0.3
GWXP0326	48649	95702	2041	-79	99	13.6			NSI
GWXP0326A	48650	95701	2042	-79	99	231.0	201.8	202.4	0.6	2.6	0.5
GWXP0327	48649	95701	2042	-68	86	198.0	169.3	171.1	1.8	18.4	1.2
GWXP0328	48650	95701	2042	-73	66	209.8	186.3	187.4	1.1	8.1	0.7
GWXP0329	48650	95701	2042	-82	53	281.1	222.4	223.6	1.2	6.9	0.7
GWXP0330	48649	95702	2041	-74	40	261.4	201.5	201.9	0.5	6.6	0.4
GWXP0330	48649	95702	2041	-74	40	261.4	239.3	239.8	0.5	3.5	0.4
GWXP0331	48649	95702	2042	-87	6	313.0	279.9	280.5	0.6	9.3	0.5
GWXP0334	48854	95501	2107	-26	95	188.8	26.0	27.0	1.0	5.2	0.7
GWXP0336	48855	95502	2107	-33	104	183.2	53.0	55.0	2.0	6.9	1.0
GWXP0336	48855	95502	2107	-33	104	183.2	56.3	57.2	0.9	9.5	0.3
GWXP0337	48855	95501	2107	-28	110	300.0	31.0	33.0	2.0	10.1	1.0
GWXP0337	48855	95501	2107	-28	110	300.0	58.8	59.3	0.5	62.6	0.4
GWXP0337	48855	95501	2107	-28	110	300.0	74.4	75.1	0.8	31.1	0.5
GWXP0338	48854	95501	2107	-22	116	210.0	86.5	87.5	1.0	53.1	0.8
GWXP0339	48854	95501	2107	-40	118	191.4	75.5	77.1	1.6	2.8	1.1
GWXP0342	48854	95502	2107	-63	86	224.1	173.3	173.7	0.4	13.5	0.3
GWXP0343	48854	95502	2107	-44	87	195.7	16.0	18.0	2.0	8.6	1.5
GWXP0343	48854	95502	2107	-44	87	195.7	28.3	28.8	0.4	4.1	0.3
GWXP0344	48854	95502	2107	-50	95	213.0			NSI
GWXP0345	48854	95501	2107	-57	100	245.0			NSI
GWXP0346	48854	95502	2107	-62	106	275.7	174.8	176.3	1.4	37.4	1.0
GWXP0347	48854	95501	2107	-50	110	301.5	206.0	207.0	1.0	3.7	0.5
GWXP0347	48854	95501	2107	-50	110	301.5	207.3	209.0	1.7	15.0	1.0
GWXP0348	48824	95552	2108	-62	24	211.1	170.1	172.6	2.5	1.5	1.5
GWXP0349	48824	95552	2108	-53	30	196.0	174.5	176.6	2.1	4.2	1.8
GWXP0350	48825	95552	2108	-41	35	184.9	174.0	176.6	2.6	1.3	2.1
GWXP0351	48825	95551	2108	-56	53	186.5	175.3	176.3	1.1	1.6	0.9
GWXP0352	48825	95552	2108	-44	54	176.5	160.8	163.0	2.2	4.4	2.0
GWXP0353	48825	95551	2108	-68	60	206.1			NSI
GWXP0354	48826	95552	2108	-43	74	176.0	156.0	156.7	0.7	1.4	0.4
GWXP0355	48825	95551	2108	-55	77	189.0	176.9	177.6	0.8	8.9	0.6
GWXP0358	48995	95571	2066	-5	197	221.2	127.6	128.6	1.0	37.5	0.8
GWXP0361A	48995	95571	2066	6	206	189.9	183.4	183.7	0.3	192.0	0.3
GWXP0364	48995	95571	2067	16	218	199.0	117.4	118.6	1.1	5.4	0.9
GWXP0368A	48995	95571	2067	15	228	193.0	127.1	127.4	0.3	34.0	0.3
GWXP0370A	48995	95571	2065	-19	238	212.9			NSI
GWXP0371	48995	95571	2066	-14	238	191.6			NSI
GWXP0372	48995	95571	2066	7	246	167.9	152.7	154.8	2.1	3.1	1.5
GWXP0375	48970	95632	2064	-1	235	38.8			NSI

ASX: NST

Page 8 of 20

ASX ANNOUNCEMENT – 7 NOVEMBER 2016

					GATEWAY	TREND
Drill Hole #	Easting (Mine Grid)	Northing (Mine Grid)	Drill hole collar RL (Mine Grid)	Dip (degrees)	Azimuth (degrees, Mine Grid)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
GWXP0375A	48970	95632	2064	-1	234	201.1	182.0	182.3	0.3	1.5	0.3
GWXP0380	48970	95632	2064	-11	243	223.3			NSI
GWXP0381	48970	95632	2064	-1	246	30.1			NSI
GWXP0385	48970	95632	2063	-18	259	300.0	0.0	0.3	0.3	84.4	0.3
GWXP0385	48970	95632	2063	-18	259	300.0	124.7	125.0	0.3	1.5	0.3
GWXP0387	49024	95478	2068	8	203	44.8	35.8	37.3	1.5	12.6	1.0
GWXP0388	49024	95478	2068	-13	213	59.8			NSI
GWXP0389	49024	95478	2068	-12	238	59.8	18.3	18.6	0.3	21.0	0.3

					WESTSIDE	WESTSIDE
Drill Hole #	Easting (Mine Grid)	Northing (Mine Grid)	Drill hole collar RL (Mine Grid)	Dip (degrees)	Azimuth (degrees, Mine Grid)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
WSXP1926	49469	96214	1699	-85	90	550.2	147.7	148.0	0.3	380.0	0.3
WSXP1949	49532	96769	1720	-52	135	104.7			NSI
WSXP1950	49532	96769	1720	-56	162	92.1			NSI
WSXP1957	49506	96623	1739	-41	36	170.1	127.2	128.4	1.2	3.4	1.0
WSXP1958	49506	96623	1739	-26	45	161.0	63.4	64.4	1.0	5.0	0.5
WSXP1959	49506	96623	1739	-32	62	150.0	55.6	56.0	0.4	12.9	0.4
WSXP1960	49505	96623	1739	-44	67	138.1			NSI
WSXP1961	49506	96623	1739	-48	56	180.0	119.6	119.9	0.3	154.0	0.3
WSXP1969	49915	96882	2058	-30	211	119.1			NSI
WSXP1970	49915	96882	2058	-32	224	122.9	88.0	88.5	0.6	2.5	0.3
WSXP1971	49915	96882	2058	-12	229	110.1	24.0	24.3	0.3	45.5	0.3
WSXP1971	49915	96882	2058	-12	229	110.1	87.7	88.4	0.7	4.1	0.6
WSXP1972	49915	96882	2059	-7	234	104.8	84.8	85.7	0.9	43.4	0.6
WSXP1973	49915	96883	2058	-20	247	132.0	22.0	23.0	1.0	47.2	0.8
WSXP1973	49915	96883	2058	-20	247	132.0	92.4	93.0	0.6	13.3	0.3
WSXP1974	49915	96882	2059	-11	251	132.1	30.1	31.5	1.4	12.7	0.9
WSXP1974	49915	96882	2059	-11	251	132.1	87.5	87.8	0.3	121.0	0.3
WSXP1974	49915	96882	2059	-11	251	132.1	96.8	97.2	0.5	4.2	0.3
WSXP1975	49916	96882	2058	-33	252	117.0	57.2	57.8	0.6	6.2	0.4
WSXP1977	49915	96883	2058	-20	254	151.9	25.0	26.5	1.5	13.4	0.9
WSXP1977	49915	96883	2058	-20	254	151.9	83.0	85.0	2.0	2.4	1.6
WSXP1978	49915	96882	2058	-11	259	118.1	90.8	91.1	0.3	13.1	0.3
WSXP1978	49915	96882	2058	-11	259	118.1	99.6	99.9	0.3	34.4	0.3
WSXP1980	49916	96881	2063	59	217	120.2			NSI
WSXP1981	49916	96882	2063	59	242	23.2			NSI
WSXP1981A	49916	96882	2063	59	242	117.2	48.7	49.2	0.5	21.3	0.4
WSXP1982	49916	96882	2062	59	265	119.0	45.6	46.2	0.6	107.0	0.4
WSXP1982	49916	96882	2062	59	265	119.0	79.0	79.3	0.3	633.0	0.3
WSXP1983	49916	96882	2063	52	281	119.9	72.0	72.4	0.4	45.3	0.3
WSXP1990	49533	96774	1721	-11	8	140.0			NSI
WSXP1993	49533	96774	1720	-43	23	128.0			NSI

					LYONS 8108 LODE	LYONS 8108 LODE
Drill Hole #	Easting (Mine Grid)	Northing (Mine Grid)	Drill hole collar RL (Mine Grid)	Dip (degrees)	Azimuth (degrees, Mine Grid)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
NDXP0501	49836	97178	2023	-1	30	242.0	201.0	201.7	0.7	8.5	0.4
NDXP0502	49836	97178	2023	-7	36	173.9	2.4	3.2	0.8	13.6	0.5
NDXP0502	49836	97178	2023	-7	36	173.9	148.1	153.0	4.9	11.3	2.8
NDXP0503	49836	97178	2023	-1	40	193.0	166.0	166.6	0.6	1.1	0.7
NDXP0504	49836	97178	2023	4	41	222.0			NSI
NDXP0505A	49836	97178	2023	-8	43	161.9	81.0	82.0	1.0	69.6	0.3
NDXP0505A	49837	97178	2023	-8	43	161.9	139.2	143.9	4.7	5.1	3.5
NDXP0505A	49836	97178	2023	-8	43	161.9	139.6	143.9	4.3	5.6	3.5
NDXP0506	49836	97178	2023	4	47	230.1	3.0	4.2	1.2	4.1	1.0
NDXP0507	49836	97178	2023	-1	47	180.0	160.9	162.0	1.1	124.3	0.8
NDXP0508	49836	97178	2023	-9	51	153.0	127.6	128.5	0.9	0.9	0.7
NDXP0509	49836	97178	2023	4	53	204.0	176.0	180.0	4.0	14.8	0.3
NDXP0509	49836	97178	2023	4	53	204.0	176.4	179.6	3.2	23.2	2.9
NDXP0510	49836	97178	2023	-2	55	172.0	148.1	149.2	1.1	3.8	0.8
NDXP0511	49836	97178	2022	-30	59	117.1	104.8	107.8	3.0	5.9	2.5
NDXP0512	49836	97178	2023	-10	59	147.0	125.4	126.2	0.8	1.5	0.6
NDXP0513	49837	97177	2023	4	59	198.5	169.7	172.1	2.4	3.3	1.8
NDXP0514	49836	97178	2023	-2	63	166.9	129.0	129.5	0.5	2.2	0.3
NDXP0515	49837	97177	2023	4	66	194.0			NSI
NDXP0516	49836	97178	2023	-9	78	153.0			NSI
NDXP0519	49830	97181	1999	-27	20	145.0	102.5	105.0	2.5	3.9	1.4
NDXP0520	49830	97182	1999	2	27	205.0	172.8	174.4	1.6	1.9	1.0
NDXP0521	49830	97181	1999	-6	27	180.0	85.6	85.9	0.3	11.5	0.3
NDXP0521	49830	97181	1999	-6	27	180.0	89.2	89.7	0.5	44.7	0.4
NDXP0521	49830	97181	1999	-6	27	180.0	144.0	144.6	0.6	3.2	0.3
NDXP0522	49830	97181	1999	-12	27	150.1	131.9	135.6	3.7	7.9	3.5
NDXP0523	49830	97181	1999	-25	38	135.0	101.2	102.6	1.4	4.9	1.1
NDXP0524	49830	97181	1999	-25	53	120.1	92.6	95.0	2.4	5.0	2.2
NDXP0525	49830	97181	1999	-26	68	159.9	91.2	95.5	4.4	5.4	3.9
NDXP0526	49830	97181	1999	-40	68	122.9	88.8	89.9	1.1	9.2	0.9
NDXP0526	49830	97181	1999	-40	68	122.9	90.2	91.0	0.8	6.3	0.7
NDXP0526	49830	97181	1999	-40	68	122.9	91.3	93.2	1.9	2.1	1.7

ASX: NST

Page 9 of 20

ASX ANNOUNCEMENT – 7 NOVEMBER 2016

					LYONS 8108 LODE	LYONS 8108 LODE
Drill Hole #	Easting (Mine Grid)	Northing (Mine Grid)	Drill hole collar RL (Mine Grid)	Dip (degrees)	Azimuth (degrees, Mine Grid)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
NDXP0527	49789	97215	1999	-27	2	191.0			NSI
NDXP0530	49789	97215	2000	-19	21	180.0			NSI
NDXP0533	49789	97215	2000	-16	32	181.0			NSI

					VAUSE	VAUSE
Drill Hole #	Easting (MGA)	Northing (MGA)	Drill hole collar RL (MGA)	Dip (degrees)	Azimuth (MGA)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
NSRJRC10663	281364	7056240	535	-60	20	100.0	60.00	63.00	3.0	10.9	3.0
NSRJRC10664	281355	7056217	535	-60	20	100.0	74.00	79.00	5.0	1.9	5.0
NSRJRC10665	281347	7056194	535	-60	20	110.0	100.00	101.00	1.0	6.4	1.0
NSRJRC10653	281366	7056319	535	-60	20	75.0	31.00	32.00	1.0	1.1	1.0
NSRJRC10653	281366	7056319	535	-60	20	75.0	46.00	47.00	1.0	1.3	1.0
NSRJRC10666	281422	7056325	535	-60	20	75.0	30.00	33.00	3.0	1.4	3.0
NSRJRC10655	281349	7056272	535	-60	20	95.0			NSI
NSRJRC10656	281340	7056249	535	-60	20	100.0			NSI
NSRJRC10657	281331	7056225	535	-60	20	100.0	76.00	78.00	2.0	2.0	2.0
NSRJRC10657	281331	7056225	535	-60	20	100.0	80.00	82.00	2.0	1.7	2.0
NSRJRC10657	281331	7056225	535	-60	20	100.0	88.00	89.00	1.0	6.6	1.0
NSRJRC10658	281323	7056202	535	-60	20	110.0			NSI
NSRJRC10659	281398	7056333	535	-60	20	75.0			NSI
NSRJRC10660	281390	7056310	535	-60	20	75.0	39.00	44.00	5.0	1.8	5.0
NSRJRC10661	281381	7056287	535	-60	20	85.0	54.00	56.00	2.0	8.1	2.0
NSRJRC10662	281372	7056264	535	-60	20	95.0			NSI
NSRJRC10649	281325	7056281	535	-60	20	100.0	59.00	60.00	1.0	2.8	1.0
NSRJRC10650	281308	7056234	535	-60	20	110.0	80.00	81.00	1.0	2.4	1.0
NSRJRC10650	281308	7056234	535	-60	20	110.0	98.00	99.00	1.0	1.8	1.0
NSRJRC10651	281300	7056211	535	-60	20	110.0			NSI
NSRJRC10652	281375	7056342	535	-60	20	75.0	42.00	44.00	2.0	1.4	2.0
NSRJRC10644	281319	7056336	535	-60	20	75.0	36.00	37.00	1.0	1.8	1.0
NSRJRC10644	281319	7056336	535	-60	20	75.0	59.00	60.00	1.0	1.3	1.0
NSRJRC10645	281311	7056313	535	-60	20	85.0	30.00	31.00	1.0	1.1	1.0
NSRJRC10645	281311	7056313	535	-60	20	85.0	33.00	35.00	2.0	1.3	2.0
NSRJRC10646	281302	7056289	535	-60	20	100.0	50.00	53.00	3.0	1.8	3.0
NSRJRC10646	281302	7056289	535	-60	20	100.0	60.00	61.00	1.0	3.1	1.0
NSRJRC10647	281293	7056266	535	-60	20	100.0			NSI
NSRJRC10648	281343	7056328	535	-60	20	75.0	31.00	34.00	3.0	1.6	3.0
NSRJRC10675	281417	7056168	535	-60	20	110.0	90.00	92.00	2.0	1.2	2.0
NSRJRC10676	281408	7056143	535	-60	20	110.0	95.00	96.00	1.0	21.8	1.0
NSRJRC10676	281408	7056143	535	-60	20	110.0	102.00	103.00	1.0	9.1	1.0
NSRJRC10677A	281439	7056164	535	-60	20	110.0	90.00	91.00	1.0	2.2	1.0
NSRJRC10678	281432	7056136	535	-60	20	110.0			NSI
NSRJRC10679	281473	7056174	535	-60	20	100.0	67.00	69.00	2.0	1.9	2.0
NSRJRC10680	281464	7056150	535	-60	20	110.0	81.00	83.00	2.0	2.9	2.0
NSRJRC10681	281488	7056142	535	-60	20	100.0			NSI
NSRJRC10682A	281520	7056157	535	-60	20	100.0	59.00	63.00	4.0	29.9	4.0
NSRJRC10683	281511	7056133	535	-60	20	100.0	77.00	78.00	1.0	2.3	1.0
NSRJRC10684	281534	7056125	535	-60	20	110.0			NSI
NSRJRC10685	281567	7056139	535	-60	20	100.0	59.00	60.00	1.0	3.7	1.0
NSRJRC10686	281558	7056116	535	-60	20	110.0	8.00	10.00	2.0	1.3	2.0
NSRJRC10687	281581	7056107	535	-60	20	110.0	68.00	70.00	2.0	1.1	2.0
NSRJRC10686	281558	7056116	535	-60	20	110.0	71.00	73.00	2.0	1.5	2.0
NSRJRC10688	281613	7056122	535	-60	20	95.0	60.00	61.00	1.0	3.1	1.0
NSRJRC10689	281604	7056098	535	-60	20	100.0	66.00	69.00	3.0	1.1	3.0
NSRJRC10690	281637	7056113	535	-60	20	100.0	50.00	51.00	1.0	4.1	1.0
NSRJRC10691	281628	7056089	535	-60	20	100.0			NSI
NSRJRC10692	281703	7056221	535	-60	20	60.0			NSI
NSRJRC10693	281694	7056198	535	-60	20	70.0			NSI
NSRJRC10694	281686	7056175	535	-60	20	80.0			NSI
NSRJRC10695	281677	7056151	535	-60	20	90.0	22.00	23.00	1.0	1.3	1.0
NSRJRC10696A	281669	7056130	535	-60	20	100.0	28.00	29.00	1.0	1.3	1.0
NSRJRC10697	281660	7056105	535	-60	20	100.0	47.00	50.00	3.0	4.3	3.0
NSRJRC10698	281651	7056081	535	-60	20	97.0			NSI
NSRJRC10699	281207	7056031	535	-60	20	100.0			NSI
NSRJRC10700	281199	7056008	535	-60	20	100.0	25.00	26.00	1.0	8.3	1.0
NSRJRC10701	281190	7055985	535	-60	20	110.0	35.00	37.00	2.0	1.1	2.0
NSRJRC10705	281220	7055921	535	-60	20	120.0	78.00	79.00	1.0	3.1	1.0
NSRJRC10705	281220	7055921	535	-60	20	120.0	97.00	102.00	5.0	1.1	5.0
NSRJRC10706	281260	7055959	535	-60	20	130.0	70.00	71.00	1.0	1.6	1.0
NSRJRC10706	281260	7055959	535	-60	20	130.0	73.00	74.00	1.0	1.8	1.0
NSRJRC10706	281260	7055959	535	-60	20	130.0	78.00	79.00	1.0	3.1	1.0
NSRJRC10706	281260	7055959	535	-60	20	130.0	93.00	94.00	1.0	2.8	1.0
NSRJRC10721	281386	7055939	533	-60	20	115.0			NSI
NSRJRC10722	281378	7055916	533	-60	20	120.0	53.00	54.00	1.0	1.3	1.0
NSRJRC10722	281378	7055916	533	-60	20	120.0	86.00	87.00	1.0	1.1	1.0
NSRJRC10722	281378	7055916	533	-60	20	120.0	89.00	91.00	2.0	1.8	2.0
NSRJRC10723	281369	7055892	533	-60	20	125.0	104.00	105.00	1.0	1.0	1.0
NSRJRC10708	281243	7055912	533	-60	20	130.0	64.00	67.00	3.0	1.3	3.0
NSRJRC10709	281284	7055950	533	-60	20	120.0	99.00	100.00	1.0	1.0	1.0
NSRJRC10709	281284	7055950	533	-60	20	120.0	108.00	109.00	1.0	1.1	1.0
NSRJRC10709	281284	7055950	533	-60	20	120.0	119.00	120.00	1.0	9.2	1.0

ASX: NST

Page 10 of 20

ASX ANNOUNCEMENT – 7 NOVEMBER 2016

					VAUSE	VAUSE
Drill Hole #	Easting (MGA)	Northing (MGA)	Drill hole collar RL (MGA)	Dip (degrees)	Azimuth (MGA)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
NSRJRC10728	281468	7056016	533	-60	20	75.0	34.00	35.00	1.0	1.2	1.0
NSRJRC10731	281442	7055946	533	-60	20	105.0	22.00	24.00	2.0	1.2	2.0
NSRJRC10731	281442	7055946	533	-60	20	105.0	44.00	47.00	3.0	1.2	3.0
NSRJRC10731	281442	7055946	533	-60	20	105.0	67.00	68.00	1.0	1.1	1.0
NSRJRC10667	281413	7056302	535	-60	20	75.0			NSI
NSRJRC10668	281405	7056279	535	-60	20	85.0	49.00	51.00	2.0	4.3	2.0
NSRJRC10669	281396	7056255	535	-60	20	95.0	53.00	56.00	3.0	3.5	3.0
NSRJRC10670	281388	7056232	535	-60	20	100.0	60.00	65.00	5.0	12.9	5.0
NSRJRC10711	281267	7055904	535	-60	20	120.0	30.00	32.00	2.0	1.2	2.0
NSRJRC10711	281267	7055904	535	-60	20	120.0	78.00	83.00	5.0	1.1	5.0
NSRJRC10712	281299	7055918	533	-60	20	120.0			NSI
NSRJRC10713	281339	7055957	535	-60	20	100.0	68.00	73.00	5.0	1.3	5.0
NSRJRC10713	281339	7055957	535	-60	20	100.0	77.00	82.00	5.0	1.5	5.0
NSRJRC10725	281410	7055931	533	-60	20	120.0			NSI
NSRJRC10726	281393	7055884	533	-60	20	125.0			NSI
NSRJRC10727	281476	7056039	533	-60	20	55.0			NSI
NSRJRC10671	281379	7056208	535	-60	20	100.0	73.00	76.00	3.0	1.7	3.0
NSRJRC10672	281370	7056185	535	-60	20	110.0	87.00	88.00	1.0	4.1	1.0
NSRJRC10673	281437	7056294	535	-60	20	60.0			NSI
NSRJRC10674	281385	7056153	535	-60	20	110.0	98.00	99.00	1.0	1.2	1.0
NSRJRC10714	281331	7055933	533	-60	20	110.0	79.00	80.00	1.0	1.2	1.0
NSRJRC10715	281322	7055910	535	-60	20	120.0	118.00	120.00	2.0	1.7	2.0
NSRJRC10716	281313	7055886	533	-60	20	130.0	107.00	108.00	1.0	1.2	1.0
NSRJRC10717	281363	7055948	535	-60	20	110.0	34.00	35.00	1.0	5.4	1.0
NSRJRC10718	281354	7055925	535	-60	20	115.0	70.00	73.00	3.0	1.1	3.0
NSRJRC10718	281354	7055925	535	-60	20	115.0	76.00	78.00	2.0	1.1	2.0
NSRJRC10718	281354	7055925	535	-60	20	115.0	87.00	89.00	2.0	2.8	2.0
NSRJRC10719	281346	7055901	535	-60	20	125.0	115.00	116.00	1.0	2.6	1.0
NSRJRC10720	281337	7055878	533	-60	20	130.0			NSI
NSRJRC10724	281360	7055869	533	-60	20	130.0			NSI
NSRJRC10732	281433	7055922	535	-60	20	115.0	96.00	101.00	5.0	1.4	5.0
NSRJRC10737	281465	7055937	535	-60	20	105.0	53.00	54.00	1.0	1.7	1.0
NSRJRC10741	281425	7055899	535	-60	20	120.0	97.00	103.00	6.0	4.9	6.0
NSRJRC10742	281416	7055875	535	-60	20	120.0			NSI
NSRJRC10702	281181	7055962	535	-60	20	99.0	55.00	57.00	2.0	2.8	2.0
NSRJRC10703	281173	7055938	535	-60	20	120.0	82.00	84.00	2.0	1.6	2.0
NSRJRC10704	281228	7055944	535	-60	20	120.0	103.00	105.00	2.0	2.9	2.0
NSRJRC10704	281228	7055944	535	-60	20	120.0	116.00	119.00	3.0	3.0	3.0
NSRJRC10707	281252	7055936	535	-60	20	120.0	93.00	95.00	2.0	2.7	2.0
NSRJRC10707	281252	7055936	535	-60	20	120.0	110.00	111.00	1.0	2.7	1.0
NSRJRC10710	281275	7055927	535	-60	20	120.0	67.00	73.00	6.0	1.7	6.0
NSRJRC10729	281459	7055993	535	-60	20	80.0	24.00	26.00	2.0	1.7	2.0
NSRJRC10729	281459	7055993	535	-60	20	80.0	38.00	46.00	8.0	1.4	8.0
NSRJRC10729	281459	7055993	535	-60	20	80.0	54.00	56.00	2.0	1.4	2.0
NSRJRC10729	281459	7055993	535	-60	20	80.0	71.00	73.00	2.0	16.9	2.0
NSRJRC10730	281450	7055969	535	-60	20	95.0	66.00	69.00	3.0	1.6	3.0
NSRJRC10730	281450	7055969	535	-60	20	95.0	85.00	86.00	1.0	2.9	1.0
NSRJRC10733	281500	7056031	535	-60	20	40.0	18.00	22.00	4.0	1.1	4.0
NSRJRC10734	281491	7056007	535	-60	20	75.0	20.00	24.00	4.0	1.1	4.0
NSRJRC10735	281483	7055984	533	-60	20	85.0			NSI
NSRJRC10738	281457	7055913	533	-60	20	115.0			NSI
NSRJRC10739	281448	7055890	533	-60	20	120.0			NSI
NSRJRC10740	281439	7055867	533	-60	20	120.0			NSI
NSRJRC10736	281474	7055960	533	-60	20	95.0			NSI
NSRJRC10806	282181	7056072	535	-60	20	55.0			NSI
NSRJRC10807	282172	7056048	535	-60	20	70.0			NSI
NSRJRC10808	282164	7056025	535	-60	20	70.0			NSI
NSRJRC10809	282155	7056002	535	-60	20	100.0			NSI
NSRJRC10810	282147	7055978	535	-60	20	95.0	85.00	89.00	4.0	1.9	4.0
NSRJRC10811	282138	7055955	535	-60	20	105.0	102.00	105.00	3.0	2.2	3.0
NSRJRC10812	282130	7055932	535	-60	20	110.0	22.00	23.00	1.0	1.3	1.0
NSRJRC10813	282205	7056064	535	-60	20	55.0	16.00	17.00	1.0	2.0	1.0
NSRJRC10813	282205	7056064	535	-60	20	55.0	19.00	21.00	2.0	1.3	2.0
NSRJRC10814	282196	7056041	535	-60	20	70.0	20.00	23.00	3.0	7.5	3.0
NSRJRC10814	282196	7056041	535	-60	20	70.0	63.00	70.00	7.0	13.5	7.0
NSRJRC10815	282188	7056017	535	-60	20	80.0	2.00	3.00	1.0	1.8	1.0
NSRJRC10815	282188	7056017	535	-60	20	80.0	18.00	20.00	2.0	1.3	2.0
NSRJRC10815	282188	7056017	535	-60	20	80.0	47.00	52.00	5.0	2.0	5.0
NSRJRC10816	282179	7055994	535	-60	20	100.0	64.00	69.00	5.0	4.1	5.0
NSRJRC10817	282170	7055970	535	-60	20	100.0	36.00	37.00	1.0	1.0	1.0
NSRJRC10817	282170	7055970	535	-60	20	100.0	48.00	49.00	1.0	1.4	1.0
NSRJRC10817	282170	7055970	535	-60	20	100.0	83.00	84.00	1.0	1.3	1.0
NSRJRC10818	282162	7055947	535	-60	20	105.0	57.00	58.00	1.0	1.1	1.0
NSRJRC10818	282162	7055947	535	-60	20	105.0	100.00	102.00	2.0	1.3	2.0
NSRJRC10819	282153	7055923	535	-60	20	110.0	60.00	62.00	2.0	1.2	2.0
NSRJRC10819	282153	7055923	535	-60	20	100.0	66.00	67.00	1.0	1.3	1.0
NSRJRC10820	282194	7055962	535	-60	20	95.0	32.00	55.00	23.0	1.3	23.0
NSRJRC10820	282194	7055962	535	-60	20	95.0	66.00	72.00	6.0	1.2	6.0
NSRJRC10820	282194	7055962	535	-60	20	95.0	77.00	82.00	5.0	4.1	5.0
NSRJRC10821	282185	7055938	535	-60	20	105.0			NSI
NSRJRC10822	282177	7055915	534	-60	20	40.0	11.00	12.00	1.0	1.3	1.0

ASX: NST

Page 11 of 20

ASX ANNOUNCEMENT – 7 NOVEMBER 2016

					VAUSE	VAUSE
Drill Hole #	Easting (MGA)	Northing (MGA)	Drill hole collar RL (MGA)	Dip (degrees)	Azimuth (MGA)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
NSRJRC10822A	282181	7055915	535	-60	20	60.0			NSI
NSRJRC10822B	282187	7055915	535	-60	20	110.0	66.00	67.00	1.0	1.2	1.0
NSRJRC10822B	282187	7055915	535	-60	20	110.0	70.00	71.00	1.0	2.1	1.0
NSRJRC10823	282437	7055859	533	-60	20	85.0			NSI
NSRJRC10824	282425	7055837	533	-60	20	100.0	29.00	32.00	3.0	1.1	3.0
NSRJRC10825	282459	7055847	533	-60	20	85.0	13.00	15.00	2.0	1.1	2.0
NSRJRC10825	282459	7055847	533	-60	20	85.0	23.00	26.00	3.0	1.0	3.0
NSRJRC10825	282459	7055847	533	-60	20	85.0	65.00	69.00	4.0	1.5	4.0
NSRJRC10826	282447	7055825	533	-60	20	100.0	87.00	88.00	1.0	1.3	1.0
NSRJRC10827	282481	7055836	533	-60	20	85.0	16.00	22.00	6.0	1.1	6.0
NSRJRC10828	282470	7055813	533	-60	20	100.0	84.00	86.00	2.0	1.0	2.0
NSRJRC10829	282492	7055802	533	-60	28	100.0	75.00	76.00	1.0	1.9	1.0
NSRJRC10829	282492	7055802	533	-60	28	100.0	83.00	86.00	3.0	1.1	3.0
NSRJRC10830	282549	7055856	533	-60	28	50.0	16.00	24.00	8.0	2.7	8.0
NSRJRC10830	282549	7055856	533	-60	28	50.0	29.00	32.00	3.0	1.4	3.0
NSRJRC10832	282525	7055812	533	-60	28	65.0	45.00	48.00	3.0	1.1	3.0
NSRJRC10832	282525	7055812	533	-60	28	65.0	59.00	65.00	6.0	1.5	6.0
NSRJRC10832A	282528	7055811	533	-60	28	85.0	53.00	54.00	1.0	1.3	1.0
NSRJRC10832A	282528	7055811	533	-60	28	85.0	56.00	65.00	9.0	1.2	9.0
NSRJRC10833	282514	7055790	533	-60	28	100.0	84.00	88.00	4.0	2.3	4.0
NSRJRC10834	282536	7055778	533	-60	28	100.0	49.00	50.00	1.0	1.5	1.0
NSRJRC10835	282593	7055833	533	-60	28	50.0	23.00	26.00	3.0	1.5	3.0
NSRJRC10836	282581	7055811	533	-60	28	85.0	22.00	24.00	2.0	1.6	2.0
NSRJRC10836	282581	7055811	533	-60	28	85.0	38.00	40.00	2.0	1.1	2.0
NSRJRC10837	282570	7055789	533	-60	28	85.0			NSI
NSRJRC10838	282558	7055766	533	-60	28	100.0	85.00	86.00	1.0	1.5	1.0
NSRJRC10839	282580	7055755	533	-60	28	100.0	45.00	46.00	1.0	1.1	1.0
NSRJRC10840	282637	7055809	533	-60	28	50.0			NSI
NSRJRC10841	282625	7055787	533	-60	28	85.0	34.00	35.00	1.0	1.2	1.0
NSRJRC10842	282614	7055765	533	-60	28	85.0			NSI
NSRJRC10843	282602	7055743	533	-60	28	100.0	32.00	36.00	4.0	1.2	4.0
NSRJRC10844	282624	7055731	533	-60	28	100.0	26.00	30.00	4.0	2.2	4.0
NSRJRC10844	282624	7055731	533	-60	28	100.0	61.00	62.00	1.0	1.7	1.0
NSRJRC10845	282814	7055715	533	-60	28	50.0	21.00	22.00	1.0	3.0	1.0
NSRJRC10846	282802	7055693	533	-60	28	70.0	35.00	37.00	2.0	2.4	2.0
NSRJRC10847	282790	7055671	533	-60	28	85.0	33.00	34.00	1.0	1.8	1.0
NSRJRC10847	282790	7055671	533	-60	28	85.0	50.00	53.00	3.0	1.6	3.0
NSRJRC10848	282779	7055649	533	-60	28	100.0	81.00	84.00	3.0	2.2	3.0
NSRJRC10849	282801	7055637	533	-60	28	100.0	70.00	71.00	1.0	1.1	1.0
NSRJRC10850	282858	7055692	533	-60	28	50.0			NSI
NSRJRC10851	282846	7055670	533	-60	28	70.0	38.00	43.00	5.0	2.5	5.0
NSRJRC10852	282834	7055648	533	-60	28	85.0	31.00	37.00	6.0	1.7	6.0
NSRJRC10852	282834	7055648	533	-60	28	85.0	58.00	64.00	6.0	1.0	6.0
NSRJRC10853	282823	7055625	533	-60	28	100.0	56.00	59.00	3.0	1.1	3.0
NSRJRC10853	282823	7055625	533	-60	28	100.0	85.00	87.00	2.0	1.2	2.0
NSRJRC10854	282845	7055614	533	-60	28	100.0	61.00	67.00	6.0	1.4	6.0
NSRJRC10854	282845	7055614	533	-60	28	100.0	72.00	73.00	1.0	1.3	1.0
NSRJRC10854	282845	7055614	533	-60	28	100.0	79.00	89.00	10.0	1.1	10.0
NSRJRC10855	281409	7055582	531	-60	20	100.0	42.00	44.00	2.0	1.0	2.0
NSRJRC10856	281432	7055574	531	-60	28	95.0	66.00	70.00	4.0	1.8	4.0
NSRJRC10857	281464	7055589	531	-60	20	90.0	75.00	81.00	6.0	1.1	6.0
NSRJRC10857	281464	7055589	531	-60	20	90.0	83.00	84.00	1.0	1.1	1.0
NSRJRC10858	281488	7055580	531	-60	20	90.0	80.00	84.00	4.0	1.1	4.0
NSRJRC10859	281511	7055572	531	-60	20	100.0	47.00	57.00	10.0	1.3	10.0
NSRJRC10859	281511	7055572	531	-60	20	100.0	59.00	60.00	1.0	1.2	1.0
NSRJRC10860	281535	7055563	531	-60	20	100.0	19.00	23.00	4.0	1.6	4.0
NSRJRC10860	281535	7055563	531	-60	20	100.0	45.00	46.00	1.0	1.2	1.0
NSRJRC10860	281535	7055563	531	-60	20	100.0	67.00	74.00	7.0	1.8	7.0
NSRJRC10860	281535	7055563	531	-60	20	100.0	93.00	94.00	1.0	1.5	1.0
NSRJRC10861	281558	7055555	531	-60	20	100.0	18.00	24.00	6.0	1.4	6.0
NSRJRC10861	281558	7055555	531	-60	20	100.0	60.00	61.00	1.0	1.1	1.0
NSRJRC10861	281558	7055555	531	-60	20	100.0	63.00	69.00	6.0	1.9	6.0
NSRJRC10861	281558	7055555	531	-60	20	100.0	80.00	86.00	6.0	2.0	6.0
NSRJRC10861	281558	7055555	531	-60	20	100.0	88.00	89.00	1.0	1.1	1.0
NSRJRC10862	281582	7055546	531	-60	20	100.0	73.00	90.00	17.0	2.3	17.0
NSRJRC10863	281597	7055514	531	-60	20	100.0	14.00	19.00	5.0	2.4	5.0
NSRJRC10863	281597	7055514	531	-60	20	100.0	50.00	55.00	5.0	6.2	5.0
NSRJRC10863	281597	7055514	531	-60	20	100.0	64.00	68.00	4.0	1.1	4.0
NSRJRC10863	281597	7055514	531	-60	20	100.0	70.00	75.00	5.0	2.0	5.0
NSRJRC10865	281550	7055531	531	-60	20	100.0	21.00	23.00	2.0	1.4	2.0
NSRJRC10865	281550	7055531	531	-60	20	100.0	74.00	78.00	4.0	2.3	4.0
NSRJRC10865	281550	7055531	531	-60	20	100.0	98.00	100.00	2.0	4.5	2.0

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			JUNDEE EXPLORATION SIGNIFICANT INTERSECTIONS(> 0.2gpt)	JUNDEE EXPLORATION SIGNIFICANT INTERSECTIONS(> 0.2gpt)	JUNDEE EXPLORATION SIGNIFICANT INTERSECTIONS(> 0.2gpt)	JUNDEE EXPLORATION SIGNIFICANT INTERSECTIONS(> 0.2gpt)	JUNDEE EXPLORATION SIGNIFICANT INTERSECTIONS(> 0.2gpt)	JUNDEE EXPLORATION SIGNIFICANT INTERSECTIONS(> 0.2gpt)
Drill Hole #	Easting (MGA)	Northing (MGA)	Drill hole collar RL (MGA)	Dip (degrees)	Azimuth (MGA)	End of hole depth (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
NSRJAC01360	284221	7056425	535	-90	0	76.0	30.0	35.0	5.0	0.2	5.0
NSRJAC01360	284221	7056425	535	-90	0	76.0	45.0	55.0	10.0	2.2	10.0
NSRJAC01366	283920	7056532	535	-90	0	49.0	35.0	40.0	5.0	0.4	5.0
NSRJAC01367	283921	7056581	535	-90	0	73.0	40.0	45.0	5.0	0.3	5.0
NSRJAC01369	283923	7056683	535	-90	0	70.0	65.0	70.0	5.0	1.1	5.0
NSRJAC01505	287581	7060781	535	-90	0	35.0	25.0	35.0	10.0	0.4	10.0
NSRJAC01529	285446	7060490	535	-90	0	7.0	5.0	7.0	2.0	0.7	2.0
NSRJAC01531	285443	7060591	535	-90	0	51.0	50.0	51.0	1.0	0.3	1.0
NSRJAC01532	285444	7060641	535	-90	0	42.0	15.0	42.0	27.0	1.4	27.0
NSRJAC01538	285542	7060593	535	-90	0	29.0	0.0	29.0	29.0	4.7	29.0
NSRJAC01542	285640	7060448	535	-90	0	29.0	25.0	29.0	4.0	0.3	4.0
NSRJAC01574	275926	7067287	535	-90	0	88.0	25.0	30.0	5.0	1.6	5.0
NSRJAC01620	278412	7064863	535	-90	0	34.0	15.0	30.0	15.0	0.3	15.0
NSRJAC01624	278608	7065065	535	-90	0	31.0	0.0	5.0	5.0	3.7	5.0
NSRJAC01625	278571	7064983	535	-90	0	71.0	25.0	35.0	10.0	1.7	10.0

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APPENDIX 2 – JORC TABLE 1

JORC Code, 2012 Edition – Table 1 Report: Jundee – Armada, Revelation, Gateway, Westside, Lyons, Vause, and Regional Exploration – November 2016 Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria	JORC Code explanation	Commentary
Sampling techniques	Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling.	This release relates to diamond drilling (DD) of Jundee Underground, Reverse Circulation (RC) drilling on the Vause surface deposit and Air core / RC drilling on regional targets DD - Sampled sections are generally NQ2 or BQ. Core sample intervals are defined by the geologist to honour geological boundaries ranging from 0.3 to 1.2m in length. RC – Rig-mounted static cone splitter used, with sample falling though a riffle splitter or inverted cone splitter, splitting the sample in 87.5/12.5 ratio sampled every 1m.
	Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.	Core is aligned and measured by tape, comparing back to down hole core blocks consistent with industry practice.
	Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information.	Diamond drilling completed to industry standard using varying sample lengths (0.3 to 1.2m) based on geological intervals, which are then crushed and pulverised to produce a ~200g pulp sub sample to use in the assay process. Diamond core samples are fire assayed (30g charge). Visible gold is occasionally encountered in core RC samples fire assayed using 50g charge
Drilling techniques	Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc.).	Surface diamond drilling carried out by using both HQ2 or HQ3 or PQ2 (triple tube) and NQ2 (standard tube) techniques. Sampled sections are generally NQ2. Underground DD is generally NQ2 Core is routinely orientated using the ORI-shot device. RC – Reverse circulation drilling was carried out using a face sampling hammer and a 130mm diameter bit .
Drill sample recovery	Method of recording and assessing core and chip sample recoveries and results assessed.	DD – Recoveries are recorded as a percentage calculated from measured core verses drilled intervals. RC – Approximate recoveries are sometimes recorded as percentage ranges based on a visual and weight estimate of the sample.
	Measures taken to maximise sample recovery and ensure representative nature of the samples.	Diamond drilling practice results in high core recovery due to the competent nature of the ground.
	Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	There is no known relationship between sample recovery and grade, diamond drill sample recovery is very high.
Logging	Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.	Core and RC is logged by qualified Geologist to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.

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Criteria	JORC Code explanation	Commentary
	Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography.	Logging is Qualitative and Quantitative and all core is photographed wet. Visual estimates of sulphide, quartz and alteration as percentages.
	The total length and percentage of the relevant intersections logged.	100% of the drill core and RC chips are logged.
Sub-sampling techniques and sample preparation	If core, whether cut or sawn and whether quarter, half or all core taken.	DD –Resource definition Drilling uses NQ2: Core is half cut with an Almonté diamond core saw. Sample intervals are defined by a qualified geologist to honour geological boundaries. The left half is archived. Grade Control Drilling uses BQ: Whole core sampling is undertaken. Sample intervals are defined by a qualified geologist to honour geological boundaries. All mineralised zones are sampled, plus associated visibly barren material in contact with mineralised zones. Core is sampled on the width of the geological/mineralised structure in recognised ore zones. The minimum sample length is 0.3m while the maximum is 1.2m. Total weight of each sample generally does not exceed 5kg. Following drying at 100°C to constant mass, all samples are totally pulverised in LM5’s to nominally 90% passing a 75µm screen.
	If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or dry.	RC samples take of the rig spitter, generally dry.
	For all sample types, the nature, quality and appropriateness of the sample preparation technique.	Following drying at 100°C to constant mass, all samples below approximately 4kg are totally pulverised in LM5’s to nominally 90% passing a 75µm screen. The very few samples generated above 4kg are crushed to <6mm and riffle split first prior to pulverisation. In 2012, Francois-Bongarcon (Agoratek International) conducted a heterogeneity studies, audit of site laboratory, and audit of plant samplers. Confirmed that the sampling protocol currently in use are appropriate to the mineralisation encountered and should provide representative results.
	Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.	Repeat analysis of pulp samples occurs at an incidence of 1 in 20 samples.
	Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate / second-half sampling.	Field duplicates, i.e. other half of cut core, have not been routinely assayed. RC field duplicates taken at a rate of one in 60.
	Whether sample sizes are appropriate to the grain size of the material being sampled.	Sample sizes are considered appropriate.
Quality of assay data and laboratory tests	The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.	For all drill core samples, gold concentration is determined by fire assay using the lead collection technique with a 30gram (DD) and 50gram (RC) sample charge weight. An AAS finish is used to be considered as total gold Various multi-element suites are analysed using a four acid digest with an AT/OES finish
	For geophysical tools, spectrometers, handheld XRF instruments, etc., the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.	No other results are being reported.

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Criteria	JORC Code explanation	Commentary
	Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.	The QAQC protocols used include the following for all drill samples:  The field QAQC protocols used include the following for all drill samples: - Commercially prepared certified reference materials (CRM) are inserted at an incidence of 1 in 30 samples. The CRM used is not identifiable to the laboratory, - QAQC data is assessed on import to the database and reported monthly, quarterly and yearly.  The laboratory QAQC protocols used include the following for all drill samples: - Repeat analysis of pulp samples occurs at an incidence of 1 in 20 samples, - Screen tests (percentage of pulverised sample passing a 75µm mesh) are undertaken on 1 in 40 samples, - The laboratories’ own standards are loaded into the database, - The laboratory reports its own QAQC data on a monthly basis. - In addition to the above, about 3% of samples are sent to a check laboratory. Samples for check -assay are selected automatically from holes, based on the following criteria: grade above 1gpt or logged as a mineralised zone or is followed by feldspar flush or blank.  Failed standards are generally followed up by re-assaying a second 30g pulp sample of all samples in the fire above 0.1ppm by the same method at the primary laboratory. Both the accuracy component (CRMs and third party checks) and the precision component (duplicates and repeats) of the QAQC protocols are thought to demonstrate acceptable levels of accuracy and precision.
Verification of sampling and assaying	The verification of significant intersections by either independent or alternative company personnel.	Selected intersections verified by corporate personnel.
	The use of twinned holes.	There are no purpose drilled twinned holes.
	Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.	Primary Data imported into SQL database using semi-automated or automated data entry. Hard copies of NSR assays and surveys are stored at site. Visual checks are part of daily use of the data in Vulcan.
	Discuss any adjustment to assay data.	The first gold assay is almost always utilised for any resource estimation. Exceptions occur when evidence from re-assaying and/or check-assaying dictates. A systematic procedure utilising several re-assays and/or check assays is in place to determine when the final assay is changed from the first gold assay. Some minor adjustments have been made to overlapping data.

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Criteria	JORC Code explanation	Commentary
Location of data points	Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.	Collar positions are recorded using conventional survey methods based on Leica TS15 3” total stations and Trimble R10 GNSS instruments. The location of each station is referenced to statewide network of Standard Survey Marks (SSM) established and coordinated by the Department of Land Administration (W.A Government). Where regional drill hole positions are distant from the SSM network the world wide Global Navigational Satellite System (GNSS) network is used. Positional checks are carried out using a combination of existing known positions (usually based on prominent landmarks) and grid referenced information such as ortholinear rectified photogrammetry based on the Australian Map Grid 1984 (AMG84_51). Collar coordinates are recorded in AMG84 or Local Jundee Grid (JUNL2) dependant on the location and orientation of ore-bodies. Cross checks were made on the survey control points and data in June 2005. Collar information is stored in both local coordinates and AMG84 coordinate in the drilling database. In-mine drill-hole collars are normally accurate to 10 cm. Multi shot cameras and gyro units were used for down-hole survey.
	Specification of the grid system used.	Collar coordinates are recorded in AMG84 Zone 51 (butreportedin MGA) and Local Jundee Grid (JUNL2) dependant on the location and orientation of ore-bodies. The difference between Jundee mine grid (GN) and magnetic north (MN) as at 31 December 2011 is 39º 35’ 00” and the difference between magnetic north (MN) and true north (TN) is 1º 34’ 30”. The difference between true north (TN) and AMG84 Zone 51 (AMG GN) is 1º 02’ 47”. The difference between true north and GDA is zero.
	Quality and adequacy of topographic control.	Topographic control is from an Arvista drone survey, 2015 resulting in 0.5m contour data, and site surveyed pit pickups.
Data spacing and distribution	Data spacing for reporting of Exploration Results.	Drill spacing is variable, in part due to drilling non parallel fans from available drill accesses, and will range from 10 by 10 to greater than 160 by 160 in deeper exploration drilling.
	Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.	The data spacing and distribution is sufficient to establish geological and/or grade continuity appropriate for the Mineral Resource and classifications to be applied.
	Whether sample compositing has been applied.	Core is sampled to geology; sample compositing is not applied until the estimation stage.
Orientation of data in relation to geological structure	Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.	The orientation of sampling is generally perpendicular to the main mineralisation trends. The orientation achieves unbiased sampling of all possible mineralisation and the extent to which this is known.
	If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	The drill orientation to mineralised structures biases the number of samples per drill hole. It is not thought to make a material difference in the resource estimation. As the opportunity arises, better angled holes are infill drilled.
Sample security	The measures taken to ensure sample security.	All samples are selected, cut and bagged in tied numbered calico bags, grouped in larger tied plastic bags, and placed in large sample cages with a sample submission sheet. The cages are either sent to the site laboratory or are transported via freight truck to Perth, with consignment note and receipted by external and independent laboratory. All sample submissions are documented and all assays are returned via email. Sample pulp splits from the site lab are stored at the Jundee mine site and those from the Newburn Lab in Perth are stored at the Newburn Lab.

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Criteria	JORC Code explanation	Commentary
Audits or reviews	The results of any audits or reviews of sampling techniques and data.	In 2006, Maxwell conducted an audit of all Jundee data. In 2012, Francois-Bongarcon (Agoratek International) conducted a heterogeneity studies, audit of site laboratory, and audit of plant samplers. Both audits found the sampling techniques and data to be adequate. All recent NSR sample data has been extensively QAQC reviewed both internally and externally.
Section 2 Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.)
Criteria	JORC Code explanation	Commentary
Mineral tenement and land tenure status	Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.	The Jundee project consists of tenements comprising 62 mining leases and 1 general purpose lease, covering a total area of approximately 57,422.2 Ha. All are registered in the name of Northern Star Resources Limited. The project also includes 23 miscellaneous licences, 3 groundwater licenses, a pipeline license, and the Jundee Pastoral Lease. These cover the bore fields, roads, airstrip, and gas pipeline. There are numerous access agreements in place including access rights over part of Mark Creasy’s mining lease 53/193 which lies contiguous to and beneath the general purpose lease on which the Jundee gold mine processing plant is located. There are no heritage issues with the current operation. The majority of the Jundee leases are granted Mining Leases prior to 1994 (pre Mabo) and as such Native Title negotiations are not required. During 2004, two agreements where struck between Ngaanyatjarra Council (now Central Desert Native Title Services (CDNTS)) and NYO, these agreements being the Wiluna Land Access Agreement 2004 and the Wiluna Claim Heritage Agreement 2004.
	The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.	All leases and licences to operate are granted and in the order for between 3 and 20 years.
Exploration done by other parties	Acknowledgment and appraisal of exploration by other parties.	The Jundee/Nimary Deposits were discovered in the late 1980’s/early 1990’s after LAG and soil sampling by Mark Creasy (Jundee) and Hunter Resources (Nimary) identified large surface gold anomalies. The deposits were drilled out over the following years by Eagle Mining (which took over Hunter Resources), and Great Central Mines (which formed a joint venture with Creasy and later purchased his share). Open pit operations commenced in mid-1995, with the first gold poured in December 1995. Great Central Mines assumed full control of the field with its successful takeover of Eagle Mining in mid-1997. Great Central Mines was later taken over by Normandy in mid-2000, which in turn was taken over by Newmont in early-2002.
Geology	Deposit type, geological setting and style of mineralisation.	Jundee is an Archean lode-gold mineralised deposit that is part of the Northern Yandal Greenstone belt. Gold mineralisation is controlled by a brittle fracture-system, is commonly fracture-centred, and is predominantly hosted in dolerite and basalt. Mineralisation can be disseminated or vein style host.

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Criteria	JORC Code explanation	Commentary
Drill hole Information	A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: o easting and northing of the drill hole collar o elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar o dip and azimuth of the hole o down hole length and interception depth o hole length.	A table with all drill hole data pertaining to this release is attached. Over 500 intersections are listed.
	If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.	All holes for the period and relevant zones are reported for the Jundee and Vause drilling. Exploration results are reported if greater than 0.2gpt only.
Data aggregation methods	In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (e.g. cutting of high grades) and cut-off grades are usually Material and should be stated.	Reported Exploration drill results are uncut.
	Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.	Short intervals are length weighted to create the final intercepts.
	The assumptions used for any reporting of metal equivalent values should be clearly stated.	No metal equivalents are reported.
Relationship between mineralisation widths and intercept lengths	These relationships are particularly important in the reporting of Exploration Results.
	If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.	Due to complex mineralisation geometry and varying intercept angles the true thickness is manually estimated on a hole by hole basis.
	If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (e.g. ‘down hole length, true width not known’).	True width as well as downhole length is reported in the tables.
Diagrams	Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.	Plan view and long section view of Jundee showing all drilling since last announcement.
Balanced reporting	Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.	All holes related to this time period and Underground and Vause relevant zones are reported. Regional results are 0.2gpt and over only.
Other substantive exploration data	Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.	No other meaningful data to report

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Criteria	Criteria	JORC Code explanation	Commentary
Further work		The nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large-scale step-out drilling).	As noted in the release, the new drill drive will allow detailed testing of the next 500 vertical meters below current Jundee development. Wide spaced fans will be drilled before detailed infill. These initial wide fans are expected to lead to a significant amount of future infill drilling.
		Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.	As part of main document
		Plan View and long section view (looking East), Jundee local grid

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