Tennant Minerals Ltd. announce further, outstanding, high-grade copper and gold results from the latest diamond drilling program at the Bluebird copper-gold discovery, on the Company's 100% owned Barkly Project, 40km east of Tennant Creek in the Northern Territory (see longitudinal projection). 16.45m @ 3.05% Cu and 2.31 g/t Au from 203.65m (downhole), incl. 8.35m @ 2.35% Cu and 4.47 g/t Au from 203.65m, incl.

3.8m @ 0.87% Cu and 9.08 g/t Au from 203.65m incl. 1.03m @ 1.47% Cu, 28.3 g/t Au, and incl. 3.4m @ 8.22% Cu and 0.16 g/t Au from 216.7m incl.

1.1m @ 22.6% Cu. The high-grade copper and gold results in BBDD0025 are down dip of the previous bonanza gold intersection in BBDD0021 of 24m @ 0.66% Cu, 11.8 g/t Au including 5.7m @ 0.74% Cu and 49.3 g/t Au 1 and 40m along strike and down-plunge to the west of the spectacular intersection in BDD0018 of 30.5m @ 6.2% Cu, 6.8 g/t Au including 17.8m @ 5.2% Cu, 11.5 g/t Au 2. These thick and high-grade copper and gold intersections are associated with a shallow easterly-plunging dilational zone where the mineralised structure at Bluebird has intersected an anticlinal closure . This copper and gold-rich zone has now been defined by drilling across a 240m strike-length and remains completely open to the east and west, as well as at depth .

The footprint of the Bluebird discovery is already of similar dimensions to other high-grade copper-gold deposits mined at Tennant Creek. These include the Peko mine, just 20km west of Bluebird, which produced 3.7Mt of ore grading 4% Cu and 3.5 g/t Au3 from the 1930s, closing in the 1970s. The Warrego deposit, which was the last major mine at Tennant Creek, occurs at the western edge of the Tennant Creek Mineral Field and produced 6.75Mt @ 6.6 g/t Au, 1.9% Cu3 from a fully preserved deposit (un-eroded).

Bluebird is similarly fully preserved, with the top of the deposit at 80m below surface and geophysics indicating continuations at depths greater than 400m below surface. Other new results from drillholes at the western end of the current drill-testing at Bluebird produced significant copper intersections which are completely open to the west as well as up and down dip. Results are pending for the deeper extension of BBDD0019, which intersected the Bluebird structure with 26m of hematite alteration at 300m below surface.

The next drilling program at Bluebird will commence as soon as possible following the wet season (expected early to mid-April). Drilling is planned to test immediate extensions of the high-grade copper and gold zone to the west and at shallow depth from the exceptional intersections in BBDD0018 (30.5m @ 6.2% Cu, 6.8 g/t Au)2 and BBDD0021 (24m @ 0.66% Cu, 11.8 g/t Au).