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Tanami Gold Provides Central Tanami Project Exploration Update
03 Aug 2012 | 13:00:00 | Associate analysts | Increase | Decrease | 
Original announcement: Central Tanami Project - Exploration Update
Tanami Gold announced continued exploration success at the Groundrush deposit and along and across strike of the deposit. Recent drilling has intersected significant mineralisation at Groundrush and beyond the limits of the current defined resource. Results from RC drilling have extended the mineralised strike length south of the Groundrush Open Pit with the following significant results: 7m @ 13.8g/t Au, including 2m @ 45.5g/t; and 7m @ 4.4g/t Au, including 2m @ 11.9g/t. Given the results, the company has significantly upgraded the exploration potential of the next 1.5km of the untested prospective dolerite host and the down dip and down plunge potential of this newly confirmed zone of mineralisation. Additional drilling has been planned and will commence in the near future.
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