Tanami Gold Drilling At Miracle West Hits Promising Mineralisation

Tanami Gold NL (ASX: TAM) has received several encouraging results from air core (AC) drilling at the Central Tanami Project (CTP) during the 2023 field season.

The intersections are from the 123-hole, 8450-metre AC campaign that targeted extensions of the Miracle West Gold Deposit.

These positive results include 27 metres at 1.55 g/t gold from 60 metres and 10 metres at 2.11 g/t gold from 73 metres.

CTP is located 650 kilometres northwest of Alice Springs in the Tanami Region of the Northern Territory.

Joint venture with Northern Star

The CTPJV is a 50/50 joint venture between Tanami Gold and Northern Star Resources Ltd (ASX:NST).

It was established to advance exploration across CTPJV’s 2,110 square kilometre tenement area in the Tanami Region.

This expansive tenement area encompasses underexplored geological sequences that are prospective for gold mineralisation.

Follow-up drilling

Buoyed by the positive results at Miracle West, the CTPJV is planning follow-up reverse circulation drilling for the upcoming field season.

Additionally, the CTPJV has received assays from samples collected from previously unsampled zones at the Groundrush Gold Deposit.

This has yielded several significant intercepts, which will be incorporated into the resource update for Groundrush.

The primary objective of the CTPJV is to develop and mine the Groundrush deposit, alongside any other gold deposits defined within the CTPJV tenements.

 

 

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