Tanami Gold NL advise the Central Tanami Project Joint Venture has resumed drilling with the commencement of a diamond core drilling campaign at the Jims gold deposit. The CTPJV has partnered with Durock Drilling to carry out the 2,560m campaign that has been designed to further evaluate the down dip and plunge potential at Jims. Jims is located approximately 30km from the Central Tanami Mill Site and represents a relatively shallow gold deposit that was previously mined by open-cut methods in 2001. Much of the previous drilling completed at Jims has only tested the near surface zones of gold mineralisation.

This initial campaign will further test areas where a series of high-grade intercepts below the existing Jims main open pit were returned, including the previously released significant intercepts 26.00 metres @ 3.88 g/t gold, 10.00 metres @ 5.70 g/t gold, 7.90 metres @ 3.94 g/t gold and 20.50 metres @ 2.20 g/t gold and extensions to Jims to the northwest. Tanami and Northern Star are jointly funding all exploration and development activities on the CTPJV. The objective of the CTPJV is to develop and mine the Groundrush gold deposits and any other gold deposit delineated in the CTPJV tenements at the earliest possible time, commensurate with good mining practice and utilising mining infrastructure already in place on the project area.

Tanami holds a 50% interest in CTPJV with Northern Star Resources.