TAM 9.38% 3.5¢ tanami gold nl

Ann: Proposed Sale of Western Tanami Project, page-12

  1. 2,475 Posts.
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    G'day markh1960 & TAM holders-Sure does make sense, though as we know Coyote -Western Tanami is in Western Australia, though comments made are very interesting.
    The company now has 9200sq.km of tenure in the region, which Beament has described
    as “elephant country”.
    Beament told MNN yesterday that regional consolidation was part of its strategy.
    A $6 million budget has been allocated this financial year for exploration within Central
    Tanami’s existing deposits, as well as early stage evaluation of the broader ground.

    Just so happens that ABU's -Buccaneer deposit has had a resource update very
    recently 01 September 2017 ABM RESOURCES NL (ASX:ABU) - Ann: Twin Bonanza - Buccaneer & is in relatively close proximity to Coyote, & Coyote was refurbished
    - operational & shut down April 2016 April, & likely only require minimal time to
    refurbish & get back into production, is there the possibility of a much larger picture
    unfolding here.?
    If one also considers the potential of ABU's developing resource deposits & locations
    relative to CT with a combined JORC resource of 309,000 OZ ( Due for an update this
    exploration season ) some deposits are at surface therefore easy accessible as providers of additional mineralised ore feed being very close to the Central Tanami Gold Processing Facility being just to the North 18 odd Km's or so, therefore could provide the additional mineralised ore to complement that sourced from TAM /NST own Ground Rush Deposit
    & would therefore justify the expansion plans of the Central Tanami Gold Processing Facility
    earlier that forecasted.
    Just reading between the lines of comments made & a couple of thoughts for consideration.
    Regardless- glta ABU & TAM stock holders.
    salt

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    Last edited by Saltiga62: 09/10/17
 
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