Further Encouraging Results from Jims

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Stock Tanami Gold NL (TAM.ASX)
Release Time 16 Jan 2026, 9:37 a.m.
Price Sensitive Yes
 Further Encouraging Results from Jims
Key Points
  • Drilling confirms continuity of mineralisation at Jims, now defined over 900m strike and 500m depth
  • Significant intercepts include 27m @ 1.62 g/t, 22.58m @ 3.50 g/t, and 5.11m @ 10.89 g/t gold
  • Mineralisation remains open along strike and at depth, with further drilling planned
Full Summary

Tanami Gold NL has announced the receipt of final assay results from its 2025 drill campaigns at the Jims Gold Mine and Defa Prospect, both located within the Central Tanami Project Joint Venture (CTPJV). The 11-hole Reverse Circulation pre-collar / Diamond Core tail (RCD) drilling program at Jims returned several encouraging intercepts, including 27.00 metres @ 1.62 g/t gold, 22.58 metres @ 3.50 g/t gold, and 5.11 metres @ 10.89 g/t gold. The drilling has confirmed the continuity of mineralisation at Jims, which is now defined over an approximately 900-metre strike length and to a vertical extent of 500 metres. Mineralisation remains open along strike to the north and at depth. The Company plans to resume drilling at Jims following the Northern Australian wet season. Separately, the 6-hole Reverse Circulation (RC) drilling program at the early-stage Defa Prospect also returned several narrow but significant intercepts, including 2.00 metres @ 5.05 g/t gold and 2.00 metres @ 5.27 g/t gold. The CTPJV is a 50/50 joint venture between Tanami Gold and Northern Star Resources Limited, with MGX Resources Limited recently announcing the acquisition of Northern Star's 50% interest, subject to the satisfaction of remaining conditions.

Outlook

Tanami Gold is planning a focused resource definition drilling program at Jims during the upcoming field season, with the aim of unlocking further value within the Central Tanami Project.