Tanami Gold NL (ASX: TAM) presents its Annual Mineral Resource Statement for the Central Tanami Project. This project is a 50/50 Joint Venture between Tanami Gold and Northern Star Resources Limited. As of 30 June 2023, the Mineral Resources for the Central Tanami Project (with Tanami Gold holding a 50% stake and Northern Star holding the other 50%) amount to 25 million metric tonnes, with an average grade of 3.2 grams per tonne of gold, totalling 2.6 million ounces of gold.
This represents a 15% reduction in tonnes, a 12% increase in grade, and a 5% decrease in contained ounces when compared to the previously reported Mineral Resources. Throughout the fiscal year from 1 July 2022 to 30 June 2023 (referred to as "FY23"), the process of revising and updating the Mineral Resource estimates for the Central Tanami Project was ongoing.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.