Fifth annual and final report for EL 10216, Solitaire Project, for the year ending 15 August 2005

Abstract

The Solitaire Project is centred approximately 430 kilometres northwest of Alice Springs and 100 kilometres southeast of The Granites gold mine in the Tanami Region, Northern Territory. The Solitaire Project comprised four tenements, which were granted to Tanami Exploration NL (TENL), a wholly owned subsidiary of Tanami Gold NL (TGNL), on 27 September 2000. Subsequently, TENL surrendered EL 10398 and EL 10399 in August 2003 and EL 10217 in September 2004. EL 10216 was surrendered on 15 August 2005. EL 10216 was tested with a substantial RAB/Aircore drilling program in 2000 by Goldfields Australasia and by more RAB/Aircore drilling in 2003 by TENL, focussing on three target areas. Gold anomalism was intersected in the northeastern tenement area associated with flexures on a NW-SE trending magnetic high. Follow-up aircore drilling in 2005 returned no significantly elevated gold values and the tenement was recommended for relinquishment.