Todd River Resources Limited (Todd River or the Company) is pleased to provide the following update on exploration activities at its 100% owned Berkshire Valley Ni-Cu-PGE Project (the Project) in Western Australia. The Company recently completed its initial MLTEM survey which covered approximately 6 kilometres of strike on the western trend of mafic and ultramafic intrusions that are considered prospective for Ni-Cu-PGE mineralisation. The survey was designed to identify conductive bedrock that may represent an accumulation of massive sulphides associated with an intrusion and provide immediate walk up drilling targets. A modest EM conductor was observed in this survey coincident with the margin of the northern Ni-Cu-PGE geochemical anomaly. This will be drill tested as part of a broader drilling program targeting the coincident Ni-Cu-PGE geochemical anomalies. The Company is planning to commence its initial drilling program at Berkshire Valley in February following completion of the permitting process and signing of additional Land Access Agreements. It is expected that the aircore drilling will test the near surface part of the EM conductor as well as all of the previously identified geochemical anomalies on the western trend.