|5 December 2007||
Base metals junior TNG Limited has finished drilling its Manbarrum project for 2007.
|4 December 2007||
4 December 2007
The $10 million exploration program for 2007, which was one of the largest undertaken in the Northern Territory this year, comprised multi-phase exploration activities and drilling across several deposits in the Manbarrum project area.
|28 November 2007||
ZINC junior TNG Limited has received drill results of more than 2000 samples from its Manbarrum zinc lead and silver project.
|18 October 2007||
TNG was today granted the Northern Territory’s 1000th Exploration Licence by the Minister for Mines, the Honorable Chris Natt, at an official ceremony at Parliament House in Darwin.
Mr Natt said this morning that reaching the 1000th Exploration License (EL) showed continued strong interest in the Northern Territory and proved that the government’s investment strategies were working well. He said that 333 ELs had been granted in 2000/2001 and that the number had increased to 757 for the year ending 2005/2006.
Photo: (Left to Right) NT Minister for Mines, Chris Natt,
“This year there has been an average of more than 50 applications received each month and this is continuing,” Mr Natt said.
The 1000th licence was granted to a 100% owned subsidiary of TNG Limited (“TNG”). TNG is an Australian exploration company with a diversified portfolio of quality exploration projects in Western Australia and the Northern Territory and this, the 1000th Exploration Licence, forms part of its Manbarrum project in the Bonaparte Basin near the WA border.
The 100% owned Manbarrum Zinc-Lead-Silver project, is TNG’s exploration priority with a significant proportion of the $10 million current year RC and Diamond drilling exploration program already completed.
Early results have confirmed Manbarrum as an extensively mineralized Mississippi Valley Type resource of potential global scale proportion.
TNG’s Chairman, John W Barr, described the marking of the 1000th license as an achievement both for the company and the Northern Territory Government.
“TNG is delighted to be the recipient of the 1000th Exploration License in the Northern Territory and looks forward to continuing its excellent working relationship with the Northern Territory Mines Department,” Mr Barr said.