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Tanami Gold NL: Promising Exploration and Solid Finances

Tanami Gold NL: Promising Exploration and Solid Finances

Tanami Gold NL (AU:TAM) has released an update.

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Tanami Gold NL reported a robust cash position with $26.638 million as of 31 March 2024, and significant exploration advances in their Central Tanami Project Joint Venture, which is co-funded with Northern Star. The company disclosed encouraging drilling results from multiple gold deposits, including the Groundrush Gold Deposit, and is planning upcoming drilling campaigns for the 2024 field season. These developments demonstrate Tanami’s commitment to leveraging existing infrastructure and adhering to best mining practices in pursuit of gold production.

For further insights into AU:TAM stock, check out TipRanks’ Stock Analysis page.

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