On 7 July 2014 the Company announced that it has reached an agreement with ABM Resources NL (“ABM”) to lease its Coyote Gold Processing Plant (“Coyote” or “the Plant”) and associated infrastructure to ABM.
The Plant is situated in the Western Tanami mining district in far north Western Australia. The agreement includes an option to purchase the Plant and associated infrastructure and the underlying mineral leases.
For further detail refer to announcement “Tanami Enters Coyote Plan Agreement with ABM” as announced on 7 July 2014. A General Meeting of Shareholders will be held on 25 August 2014 to approve the Agreement.