GR183/11 Group Annual Report Farrands Hill 1 January 2015 to 31 December 2015

Abstract

Exploration Licences 9843 and 22061 were acquired by Tanami NT Pty Ltd (TNT), a wholly owned subsidiary of Tanami Gold NL (TGNL), from Otter Gold Pty Ltd, a wholly owned subsidiary of Newmont Asia Pacific (Newmont) on 30 March 2010. Tanami Gold NL entered into a Joint Venture agreement with Northern Star Resources Ltd (NST) in 2015 with NST acquiring 25% of the Central Tanami Project, which includes EL9843 and EL 22061. During the reporting period office based project reviews of the Farrand Hill tenements were conducted along with a field reconnaissance and geological mapping trip in November 2015. The main objectives of this trip was to assess existing anomalies defined within EL 22061, confirm best exploration methods moving forward and to ascertain the remaining potential of EL 9843 due to a significant expansion in the exclusion zone in 2014.