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Additional Information

Market:	ASX
Sector:	Gold Mining
EPIC:	TAM
Latest Price:	0.80 (-4.76% )
52-week High:	1.14
52-week Low:	0.67
Market Cap:	208.91M

1 year chart

1 day chart

Tanami Gold

Tanami Gold (ASX: TAM) is a rapidly growing Australian gold producer with a stable 50,000 ounces per annum unhedged production base at its Western Tanami Operations in Western Australia, an emerging production opportunity at the recently acquired Central Tanami Project (formerly the Groundrush Project), and outstanding exploration potential in the Tanami-Arunta province.

The Western Tanami Operations comprises two mining centres, the Coyote underground mine and the Bald Hill open pit operations, which feed into the centrally located 350,000 tonnes per annum Western Tanami treatment facility.

Sun Hung Kai Investment increases Tanami Gold stake to over 10%

Thursday, September 30, 2010

Significant shareholder Sun Hung Kai Investment Services has increased its stake in Tanami Gold (ASX: TAM) to 10.5647% as at 24 September 2010, from 9.6456% on 3 September.

Sun Hung Kai now holds 27,567,989 shares, up from 25,169,752

Tanami earlier in the month hit some high grade gold intersections at surface at the Central Tanami Project in the Northern Territory.

High grade highlights included:

- 4 metres @ 11.1g/t from 165 metres in LERC2;
- 13 metres @ 3.6g/t from 62 metres in LXRC8;
- 2 metres @ 10.2g/t from 110 metres in LXRC13;
- 9 metres @ 6.3g/t from 39 metres in LXRC16; and
- 4 metres @ 18.9g/t from 78 metres in LXRC17.

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