Partial Relinquishment report on EL 23630 Golden Goose from 5 March 2003 to 4 March 2005

Abstract

EL 23630 'Golden Goose' covers the Winnecke Goldfield, Central Australia, approximately 60 kilometres northeast of Alice Springs. The tenement was granted on 5 March 2003 to joint holders Imperial Granite and Minerals Pty. Ltd. (IGM) and Tennant Creek Gold Pty. Ltd. (TCG) and has been explored since 2003 under an option agreement by Tanami Exploration NL (TENL), a wholly owned subsidiary of Tanami Gold NL (TGNL), a publicly listed company. After two years of tenure the tenement was reduced in size pursuant to the requirements of section 26 of the NT Mining Act. Exploration on the relinquished portion of EL 23630 is the subject of this report. Exploration in the surrendered tenement area included an assessment of previous exploration, regional geological mapping and rockchip sampling. A total of 10 samples were taken near the southern boundary of the northern surrendered block. No elevated gold values were returned.