Combined partial relinquishment report for EL 9474 'Farrands Hill' and EL 9475 'Mt Charles East', 23 March 2001 to 22 March 2006

Abstract

EL's 9474 and 9475 are situated about 600 kilometres northwest of Alice Springs and were explored as part of the North Eastern Tanami project. Both tenements were granted to AngloGold Australia Limited (Anglogold) on 23 March 2001 and were purchased by Tanami Exploration NL (TENL), a wholly owned subsidiary of Tanami Gold NL (TGNL), a publicly listed company in June 2005. After five years of tenure the southern half of EL 9474 and the western half of EL 9475 were surrendered. This report details the exploration completed within the surrendered tenement area from 23 March 2001 to 22 March 2006. All field exploration on EL 9474 and EL 9475 was carried out by Anglogold in the first three years of tenure. Work included lag and soil sampling, air core and RAB drilling. No significant results for gold mineralisation were returned. TENL recommended the southern half of EL 9474 and the western half of EL 9475 for relinquishment after a data review.