Todd River Resources (TRT) placement – Final Bids

Current trading price: 10.0c (10% Premium to raising price)

TRT has received good interest from existing shareholders who are very excited about the new Copper discovery made this month by TRT

Will Dix from TRT is available to take calls if you have any questions on the recent discovery 0438 651 920

Key Investment Highlights and potential share price catalysts :

TRT has made a new significant Copper and Zinc discovery at Mt Hardy
TRT has very low market cap and EV compared to its ASX peers with just a $4.9m EV
Experienced Board and Management with extensive experience in Base metal exploration and development
Advanced exploration asset portfolio with walk up drill targets
No shortage of news flow with rig committed full time at Mt Hardy running a double 24/7 shift
This capital raising very attractively priced with free attaching options
Rover project soon to be drilling high priority copper-gold targets with ongoing exploration results
McArthur River drilling of SkyTEM conductors and high grade Copper rock chip sampling areas
One of the most active ASX exploration companies in the Northern Territory
Recently received collaborative government funding worth $200,000
Funds raised are being used for in the ground exploration
All holes completed at Mt Hardy to date have intersected sulphide mineralisation suggesting continuation of broad mineralisation
Some of the best drill core I have seen in recent times with assays confirming this:
25.15m @ 2.4% Cu, 4.0% Zn, 3.1% Pb from 184.0m down-hole, including:
9.15m @ 4.5% Cu, 7.6% Pb and 8.8% Zn from 200.0m down-hole

OUTSTANDING THICK HIGH-GRADE COPPER AND ZINC INTERCEPT CONFIRMS SIGNIFICANT DISCOVERY AT MOUNT HARDY, NT

Massive sulphide interval in first diamond hole returns 25.15m @ 2.4% Cu and 4% Zn including 9.15m @ 4.5% Cu and 8.8% Zn

Highlights:

Assays confirm the previously reported base metal pXRF readings for hole MHRCDDH0031A at the EM1 target at Mt Hardy, returning: o 25.15m @ 2.4% Cu, 4.0% Zn, 3.1% Pb from 184.0m down-hole, including:

9.15m @ 4.5% Cu, 7.6% Pb and 8.8% Zn from 200.0m down-hole
In addition, 9.5m @ 162 g/t Ag was returned from the zones of massive sulphide mineralisation, most likely associated with the galena in the sulphides.
Significantly, the assay results were ~50% higher than the pXRF readings.
All holes completed at Mt Hardy to date have hit sulphide mineralisation.
Further drilling underway to determine the geometry of the mineralised zone.
Down-hole geophysics due to commence around the end of June, with results to be immediately utilised in targeting drilling down-dip of this outstanding intercept.