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Tanami partners sets A$15m budget

27th June 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – Joint venture partners Northern Star Resources and Tanami Gold have approved a A$15-million exploration budget for 2023/24 for the Central Tanami gold project, in the Northern Territory.

The exploration budget includes provision for 36 000 m of diamond core, reverse circulation (RC) and air core drilling directed at a series of targets throughout the Central Tanami project (CTP), including down plunge extension drilling at the Groundrush gold deposit, along strike extension and infill drilling at the Ripcord gold deposit and Jims gold deposit, near mine exploration between and surrounding Groundrush and Ripcord, brownfield exploration on other nearby gold deposits and greenfield exploration in the surrounding tenements.

ASX-listed Tanami Gold on Tuesday said that RC and diamond core drilling on the CTP resumed in May, following a six-month hiatus over the northern wet season. Initial programmes have focused on finalising programmes at Groundrush and Ripcord from the 2022/23 budget period.

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