Tanami Gold NL in accordance with the joint venture agreement (JV), Northern Star Resources Limited (NST) is required to sole fund all JV related expenditure until Commercial Production has been achieved, which is defined as the date on which the process plant at the Central Tanami Project (CTP) has been refurbished to operating condition and has operated for a continuous 30-day period or has produced 5,000 ounces of gold ore (whichever occurs first). NST has informed the Company of the following results from NST's recently completed RC and diamond drilling programs within the CTP mill site area. A total of 23 holes were drilled for 3,196 meters targeting
the down-plunge extensions to the southern end of the existing Hurricane-Repulse system, with extensive zones of alteration and sulphide mineralisation noted in the chips and core samples during logging.