Partial relinquishment report for EL 10142 'Brumby Dam', from 21 May 2002 to 20 May 2006

Abstract

Tanami Gold NL identified the potential for Selwyn-style copper-gold mineralisation and Coronation Hillstyle gold-PGM mineralisation in the Harts Range region of Central Australia leading to the acquisition of a significant tenement holding in the district. EL 10142 'Brumby Dam' forms part of the Harts Range Project and is situated approximately 110 kilometres northeast of Alice Springs. The tenement was granted to Tanami Exploration NL (TENL), a wholly owned subsidiary of Tanami Gold NL (TGNL). This report describes exploration carried out on the relinquished portions of EL 10142 after four years of tenure. Exploration consisted of a regional assessment and reconnaissance rock chip (18 samples) and soil sampling (60 samples). The sampling mainly tested a retrograde shear zone of chlorite schist related to the Alice Springs orogeny. Several elevated gold values up to 380ppb were received from the rock chip sampling and values up to 6ppb Au from the soil sampling.