Final Report EL 22965 'Bluebush' from 13 February 2003 to 12 February 2009 Supplejack Project

Abstract

EL 22965 'Bluebush' was part of the Supplejack Project which lies in Central Australia approximately 250km east-southeast of Halls Creek. The Supplejack Project comprised Exploration Licences (EL) 5888, 8809 and 22965 and formed part of a Joint Venture agreement between Tanami Gold NL (TGNL) and Barrick Gold of Australia Limited (BGAL). EL 22965 'Bluebush' was granted in February 2003 to Tanami Exploration NL (TENL), a wholly owned subsidiary of Tanami Gold NL (TGNL), a publicly listed company. This report describes exploration carried out on the final area of the tenement after the required relinquishments. Exploration consisted of detailed airborne magnetic, radiometric and digital elevation survey, data compilation and interpretation, geological field mapping and geological compilation and two reconnaissance including rock chip samples. No significant elevated gold or base metal values were returned from the reconnaissance sampling. The best gold assay value returned was 2ppb from rock chip sample TA 75356. The tenement was relinquished based on lithology, lack of previously identified mineralisation and negative exploration results.