TAM tanami gold nl
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News: TAM Tanami Gold And Northern Star Resources Agree To Restructure Central Tanami JV

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    10/05/21
    12:10
    Post #: 53061005

    May 10 (Reuters) - Tanami Gold NL (TAM) :

    • CO AND NORTHERN STAR RESOURCES AGREE TO RESTRUCTURE CENTRAL TANAMI JV
    • NORTHERN STAR WILL PURCHASE FURTHER 10% INTEREST IN CENTRAL TANAMI PROJECT FOR $15M CASH, INCREASING STAKE TO 50%
    • CO & NORTHERN STAR RESOURCES TO FORM NEW JV WITH PURPOSE TO COMMENCE MINING OF GROUNDRUSH DEPOSIT AS SOON AS PRACTICABLE COMMENSURATE
    • CO & NORTHERN STAR WILL BE JOINTLY RESPONSIBLE FOR FUNDING ALL EXPLORATION & DEVELOPMENT ACTIVITIES CARRIED THROUGH MANAGEMENT CO
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