Annual report for MLS 119-133, MLS 153, MLS 167, MLS 168 and MLS 180 Tanami Mine Joint Venture, for the year 1 January 2004 to 31 December 2004

Abstract

This report covers exploration activities on the Tanami Mine Joint Venture Leases for the period January 2004 to December 31 2004. These leases are under a joint venture between Newmont Tanami Pty Ltd and Anglo Gold. Exploration in 2004 focused on testing two Induced polarization geophysical targets with Reverse Circulation drilling. This drilling failed to intersect any significant gold mineralisation. Newmont Tanami Pty Ltd is in the process of compiling a complete database for the Tanami Mine Joint Venture. This compilation is not yet complete and Newmont plan to submit the database as part of the December 2005 annual report. Geological interpretation and data review is ongoing for the Tanami Mine Joint Venture. Other than the 984 m of RC drilling undertaken on MLS 168, no other work was undertaken during the reporting period.