tiprankstipranks
Company Announcements

Tanami Gold NL Announces Promising Drilling Results at Jims Gold Mine

Story Highlights
  • Tanami Gold NL is engaged in gold exploration and mining in the Northern Territory.
  • Recent drilling at Jims Gold Mine revealed high-grade gold intercepts, enhancing exploration prospects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tanami Gold NL Announces Promising Drilling Results at Jims Gold Mine

Discover the Best Stocks and Maximize Your Portfolio:

The latest update is out from Tanami Gold NL ( (AU:TAM) ).

Tanami Gold NL has announced the completion of a drilling program at the historic Jims Gold Mine, part of their extensive 2024 field season efforts under the Central Tanami Project. The drilling yielded high-grade gold intercepts, notably 3.80 meters at 268.34 g/t gold, underscoring the potential for significant mineralization. The results bolster the company’s exploration efforts in the Tanami Region, though final assays for other targets are still pending, potentially impacting future mining strategies and stakeholder interests.

More about Tanami Gold NL

Tanami Gold NL is a company in the mining industry, focused on gold exploration and mining. It operates within a joint venture with Northern Star Resources Limited, targeting the Central Tanami Project in the Northern Territory, aiming to develop and mine gold deposits, particularly the Groundrush Gold Deposit.

YTD Price Performance: -3.33%

Average Trading Volume: 718,340

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$34.08M

Find detailed analytics on TAM stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1