TNG Limited
TNG is an Australian mining and exploration company with a portfolio of exploration projects in Western and Northern Australia. The company's core focus is exploration at its 100% owned Manbarrum zinc-lead-silver project and its Mount Peake project".
TNG receives final payment for Legune Prospect
TNG (ASX:TNG) has received the final payment of $560,000 from private Chinese resource company Teng Fei Mining Ltd.(TFM), concluding the Mineral Rights Agreement over TNG’s Legune Prospect, Manbarrum Project.
The Manbarrum lead-zinc-silver project is the flagship exploration project held by TNG and is located 70 kilometres north-east of Kununurra in the Northern Territory.
Paul Burton, managing director said the sale and agreement does not affect TNG’s interests in the Manbarrum Project. The cooperation between the two companies provides for additional potential investment by TFM.
Other TNG Limited articles
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11/05/10 TNG to exit Manbarrum Zinc-Lead-Silver Project
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20/11/09 TNG plans ahead to 2010
Other TNG Limited news
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31/08/10 TNG Limited to drill test new targets at Mount Peake Vanadium Project
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08/07/10 TNG's new scoping study to boost Mount Peake Vanadium Project economics
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24/05/10 TNG Limited director tops-up shareholding
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24/05/10 TNG Limited postpones drilling at Mount Peake due to wet weather
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20/05/10 TNG Limited's Mount Peake vanadium project boosted by new processing
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15/03/10 TNG nails 54% increase in resources at Sandy Creek
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04/03/10 Good news continues for TNG Ltd at Mount Peake Vanadium project
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03/03/10 TNG gets boost with Mount Peake Vanadium Project resource upgrade
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08/12/09 TNG secures option over Rover North Gold Prospect
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30/11/09 TNG reveals radiometric anomaly identified at Mount Peake in the Northern Territory
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