Manbarrum Project Combined Annual Report GR044/09, 25 September 2014 to 24 September 2015 EL 24395, EL 25646, EL 25470, MA 24518, MA 26581

Abstract

The Manbarrum Project (Northern Territory) is located in the north-western part of the Northern Territory, on Legune station, approximately 70km north east of the regional centre of Kununurra. It is owned by Tennant Creek Gold (NT) Pty Ltd, a wholly owned subsidiary of TNG Limited (TNG). The project comprises four exploration titles, covering a 50 kilometre strike length of the SE margin of the Bonaparte Basin. Drilling of three diamond holes for 158m on Legune Hill was undertaken in mid-October 2014 with geological logging and analysis indicating the iron mineralisation was hosted in ferruginous sandstone sediment belonging to the Devonian Cockatoo Formation. Renewal applications were completed for EL 24395, EL 25646 and MA 24518 during the reporting year. EL 25470 was surrendered after eight years of tenure and a final annual and surrender report submitted.