TAM releases Mineral Resource Statement for Central Tanami 50/50 Joint Venture

Sep 14, 2023

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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