TNG

TNG has a multi-commodity resource portfolio in Western and Northern Australia, including ferrous, non-ferrous and precious metals projects, as well as interests in projects which are prospective for iron ore, vanadium, titanium, gold, lead-zinc-silver, nickel and copper.

TNG also has into a joint venture agreement with Western Desert Resources (WDR) on TNG's Rover, Goddard, Explorer in the highly prospective Tennant Creek region and the Petermann Range licences, Musgrave region. The projects subject to the JV are prospective for copper, copper-gold and nickel  mineralisation. WDR are currently earning up to 80% in the J.V. areas.

 TNG Exploration and Mining licences location map.

Mount Peake - Overview

Iron-Vanadium-Titanium

TNG's 100%-owned Mount Peake Project is located in the highly prospective Arunta Geological Province, 235km north-north-west of the regional centre of Alice Springs in the Northern Territory.

The project is strategically located close to existing infrastructure, including the Alice Springs-Darwin Railway, the Stuart Highway and the new LPG pipeline, 20km to the east.

For more information about Mount Peak, please click here

Manbarrum - Overview
Zinc-Lead-Silver

Manbarrum is located in the Northern Territory 82 kilometres north-east of the township of Kununurra. The current granted Manbarrum tenements comprise three Exploration Licences and two Authority to Prospect licences (under Section 178) covering a combined area of approximately 407 square kilometres. All tenements are 100% owned.

TNG Limited has signed a Joint Venture Agreement on its Manbarrum Zinc-Lead-Silver Project with the Sorby Hills Joint Venture (“SHJV”). The SHJV is a Joint Venture between ASX-listed Kimberley Metals Limited (ASX: KBL) and Yuguang (Australia) Pty Ltd, a subsidiary of China€s largest lead producer, Hunan Yuguang Gold & Lead Co Ltd

For more information about Manbarrum, please click here

McArthur Tenements

McArthur - EL 27711

The McArthur River tenement, which is located approximately 50km south of McArthur township along the Tablelands Highway, covers part of the  prospective McArthur Basin geology 65km SW of the McArthur Zinc mine. The licence has two major copper targets – Kilgour Crossing and Donkey Yard, both of which have been explored intermittently over the past 50 years.
 
The tenement includes numerous other prospective copper targets identified from previous stream sampling results and prospective geology.

Mineralisation is hosted by the Mallapunyah formation, in two dolomitic and variably bituminous intervals informally termed the 'upper' and 'lower' copper beds, which are 1m to 150mm thick, respectively. Chalcocite and chalcopyrite are present in the 'lower copper bed' along its strike length of 500m. Copper mineralisation in the lower copper bed 5km north of the Kilgour crossing prospect comprised about equal quantities of chalcocite and bornite.

Previous exploration by companies including Carpentaria Exploration, Australian Geophysicals, Aberfoyle and Mount Isa Mines returned significant results from surface rock chip sampling including grades of up to 2.0% Cu at Donkey Yard and up to 1.9% Cu at Kilgour Crossing.

TNG is planning to commence exploration activities with a thorough rock chip sampling program at Kilgour Crossing and Donkey Yard, as well as at over six other previously identified geophysical targets and two copper occurrences identified by the Northern Territory Geological Survey (NTGS).


For more information about McArthur, please click here

JV Projects Cu Au Ni
Overview

TNG Ltd holds several projects in the Northern Territory which are at various stages of exploration and are the subject of a Heads of Agreement with Western Desert Resources Ltd (WDR) and or its subsidiaries. WDR can earn up to 80% interest in each Project area, subject to meeting specific exploration expenditure levels.

The main target is Tennant Creek style Copper Gold mineralisation. WDR is progressing exploration at East Rover EL 25581 which is located adjacent to Westgold Ltd’s Rover Gold project where recent bonanza gold intersections have been reported.

The Petermanns and Goddard tenement blocks are both highly prospective for Copper and Gold and negotiations with the Traditional Owner groups and the Central Land Council are currently in progress. Exploration is anticipated to commence in 2011.



For more information about JV Projects, please click here

Other Prospects

TNG holds an interest in other tenement groups, however, in each case, the Company does not contribute towards exploration expenditure as the projects are subject to joint venture or options for sale. These projects include the McTavish project (McTavish Joint Venture: TNG 30%, Barminco 70%) and Kintore East Joint Venture (Kintore East Joint Venture: TNG 23.95%, Mines and Resources Australia Ltd 76.05%).

Directors

Managing Director - Mr Paul Burton

Mr Paul Burton has over 20 years experience in exploration and mining throughout Australia and overseas.

Mr Burton is an Exploration Geologist and Geochemist and previously held the positions of Exploration Manager and Exploration Director with the company. He has managed successful mineral exploration and feasibility study programs for a range of different commodities including base-metals, precious-metals, diamonds and ferrous metals. Previous career appointments include senior executive roles with AngloAmerican/De Beers Ltd, Normandy Mining Ltd and Minotaur Exploration Ltd.

Mr Burton is a graduate of the University of Plymouth, UK (B.Sc Honours Geology), and of McGill University, Canada where he completed the M.Sc in Mineral Exploration. He is a Member of Australian Institute of Mining and Metallurgy, Australian Institute of Company Directors and a Fellow of the Association of Exploration Geochemists.

   
Non–Executive Director - Mr Neil Biddle

Mr Neil Biddle is a geologist with over 25 years experience in precious metal, base metal and iron ore exploration throughout Australia and overseas, as well as in the establishment, development and management of listed mining and exploration companies.

Since 1986, Mr Biddle has managed numerous successful exploration programs throughout Australia and has served almost continuously on the boards of several successful ASX-listed companies in senior executive positions including as Exploration Director, Technical Director and Managing Director.

Mr Biddle is currently also Technical Director of Sherwin Iron Limited (ASX: SHD), where he played an instrumental role in the identification, acquisition and subsequent exploration and development of the Roper River Iron Ore Project in the Northern Territory.

Mr Biddle is a long standing Corporate Member of the Australasian Institute of Mining and Metallurgy.


Non–Executive Director - Mr Stuart Crow

Mr Crow has more than 25 years experience in all aspects of corporate finance and investor relations in Australia and international markets, and has owned and operated his own businesses in these areas for the last twelve years. He brings extensive working knowledge of capital markets to the Board.
   

Company Secretary
Mr Simon Robertson

Mr Robertson gained a Bachelor of Business from Curtin University in Western Australia and Master of Applied Finance from Macquarie University in New South Wales. He is a member of the Institute of Chartered Accountants and the Chartered Secretaries Australia. Mr Robertson currently holds the position of Company Secretary for a number of publically listed companies and has experience in corporate finance, accounting and administration, capital raisings and ASX compliance and regulatory requirements.

     
Chief Financial Officer
Mr Scott Rauschenberger

Mr Scott Rauschenberger is an accountant with 15 year experience in commerce and industry throughout Australian and overseas including 7 years with ASX listed companies.

Mr Rauschenberger has a Bachelor of Business and is a Member of the Australian Institute of Certified Practicing Accountant.

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