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Tanami Gold NL ( (AU:TAM) ) has provided an update.
Tanami Gold NL has announced an updated Mineral Resource estimate for its Central Tanami Project, revealing a total of 31 million tonnes at 2.8 grams per tonne of gold, equating to 2.8 million ounces as of September 30, 2025. This update marks an 18% increase in tonnes and a 9% increase in contained ounces compared to the previous estimate, although the grade has decreased by 8%. The increase is attributed to recent drilling, higher gold price assumptions, and improved metallurgical recoveries. The project, which is a joint venture with Northern Star Resources Limited, is undergoing a transition to align with the JORC Code standards, and the updated estimates have been rigorously constrained by pit and stope optimisations.
More about Tanami Gold NL
Tanami Gold NL is a company operating in the mining industry, focusing primarily on gold exploration and production. The company is involved in the Central Tanami Project Joint Venture in the Northern Territory, which is a 50/50 partnership with Northern Star Resources Limited.
Average Trading Volume: 1,158,981
Technical Sentiment Signal: Buy
Current Market Cap: A$75.21M
For detailed information about TAM stock, go to TipRanks’ Stock Analysis page.