Partial relinquishment report for EL 10063, EL 10064, 10407 and EL 22771, from 30 October 2001 to 29 October 2005 and final report for EL 10169, from 30 October 2001 to 28 September 2005, Mt Doreen Project

Abstract

Tanami Gold NL (TGNL) identified the potential for Tanami-style gold mineralisation and Tennant Creek-style copper-gold mineralisation in the Mount Doreen area of the northern Arunta region in 1998 leading to the acquisition of the significant tenement package forming the Mount Doreen Project. Exploration Licences 10063, 10064, 10169, 10407 and 22771, which form part of the Mount Doreen Project, were granted on 30 October 2001 to Tanami Exploration NL (TENL), a wholly owned subsidiary of TGNL. At the end of the fourth year of tenure, partial relinquishments were undertaken on EL 10063, 10064, 10407 and 22771. EL 10169 was surrendered in full on 28 September 2005. This report describes exploration on the areas covered by the partial relinquishments and surrender from date of grant. Exploration was conducted by TENL over four years, including a significant amount of surface geochemical sampling and vacuum and RAB drilling at Terry's Find and the Mount Hardy Cu prospect.

Previous exploration data were also compiled to assist in exploration. Exploration data included in this include 146 rock chips, 520 lag, 59 soil, 241 vac and 140 RAB drillholes.