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Tanami Gold (ASX: $TAM) completes final assays for 2023 drilling campaigns

Overview of Tanami Gold's recent exploration results


Tanami Gold NL (ASX: $TAM) has announced the completion of final assays for the drilling campaigns conducted at Jims Gold Deposit, Beaver Gold Deposit, and the Groundrush-Ripcord Link target on the Central Tanami Project. The company received encouraging intercepts from these campaigns, with plans underway for the 2024 field season, expected to commence in April/May 2024.

Executive commentary on exploration results


The Central Tanami Project Joint Venture (CTPJV) is appraising all results to formulate exploration plans for the upcoming field season. The completed drilling campaigns have yielded significant intercepts, indicating the potential for further mineralization. The company remains committed to advancing exploration across the tenement area and developing identified gold deposits within the CTPJV tenements.

Summary of Tanami Gold's exploration outlook


Tanami Gold's completion of final assays for the 2023 drilling campaigns has revealed promising intercepts at Jims, Beaver, and the Groundrush-Ripcord Link target. The upcoming 2024 field season holds potential for further exploration and development, with the company's primary objective being the development and mining of the Groundrush deposit, alongside any other gold deposits identified within the CTPJV tenements. The outstanding results from the Air Core campaign will be communicated once available, as the company continues its commitment to advancing exploration in the highly prospective Tanami Region.

TANAMI GOLD NL
TAM | ASX | Materials
0.0310(+0%)
At close 05/07 (AEDT)
Market cap
$36.4M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.044
1YR Return
3.333%

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