Fourth annual report for EL 9804, EL 9806, EL 9836 and EL 22924, for the year ending 22 December 2006

Abstract

Tanami Exploration NL identified the potential for Tanami-style gold mineralisation, iron oxide coppergold (IOCG) mineralisation and Tennant Creek-style copper-gold mineralisation in the Alcoota region of the northern Arunta Block in 1997 leading to the acquisition of the significant tenement package forming the Alcoota Project. The Alcoota Project lies in the Arunta region of the North Australian Craton approximately 150 kilometres north of Alice Springs. It now comprises four Exploration Licences, all granted in the period between 28 October 2002 and 13 August 2003 to Tanami Exploration NL. Tanami Exploration NL (TENL), an active explorer in the Tanami-Arunta Province, is a wholly owned subsidiary of Tanami Gold NL, a publicly listed company. The tenements cover an area of 780 km2. This report describes exploration carried out on all tenements for the year ending 22 December 2006. Exploration consisted of a regional assessment of the Ledan Corridor. A total of 8 rock chip samples were taken from EL 22924. The only anomalous result was elevated copper of 644ppm Cu from a malachite stained quartz vein at the Perenti MODAT occurrence (Cu).