Thursday, September 30, 2010
Sun Hung Kai Investment increases Tanami Gold stake to over 10%
Significant shareholder Sun Hung Kai Investment Services has increased its stake in Tanami Gold (ASX: TAM) to 10.5647% as at 24 September 2010, from 9.6456% on 3 September.
Sun Hung Kai now holds 27,567,989 shares, up from 25,169,752
Tanami earlier in the month hit some high grade gold intersections at surface at the Central Tanami Project in the Northern Territory.
High grade highlights included:
- 4 metres @ 11.1g/t from 165 metres in LERC2;
- 13 metres @ 3.6g/t from 62 metres in LXRC8;
- 2 metres @ 10.2g/t from 110 metres in LXRC13;
- 9 metres @ 6.3g/t from 39 metres in LXRC16; and
- 4 metres @ 18.9g/t from 78 metres in LXRC17.
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