Reserves

Total Tanami Gold NL Ore Reserves
As at 31 March 2011
 

  Reserve    Category  
 PROJECT Proven  Probable  TOTAL 
  Tonnes Grade Ounces Tonnes Grade Ounces Tonnes GradeOunces
 Western Tanami 84,100 10.528,500 692,600 4.7 104,400776,700 5.3132,900
 Central Tanami355,000 5.562,400 1,689,000 2.9 159,000 2,044,000 3.4221,300
          
 Sub Total439,100  6.4  90,900 2,381,6003.7 263,4002,820,700 3.9 354,200
          
 Central Tanami Stockpiles 1,700,0000.948,000     1,700,000 0.948,000
          
 TOTAL 2,139,0002.0 138,900 2,381,6003.7263,4004,520,7002.8402,200

 Note to accompany Table

These Ore Reserves have been compiled by Mr Peter Lock (MAusIMM), of Mining Plus Pty Ltd, Mr Brad Evans (MAusIMM), of Mining Plus Pty Ltd, Mr Colin McVie (MAusIMM), of Mining Plus Pty Ltd, Mr Bill Makar, Consultant Geologist – Tanami Gold NL, and Mr Peter Clifford, of MineMap Pty Ltd. Mr Lock, Mr Evans, Mr McVie, Mr Makar and Mr Clifford have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they have undertaken as a Competent Person as defined in the 2004 Edition of the Australasian Code of Reporting for Exploration Results, Mineral Resources and Ore reserves (the JORC Code) 2004 edition. Mr Lock, Mr Evans, Mr McVie, Mr Makar and Mr Clifford consent to the inclusion in this report of the matters based on their information in the form and context in which it appears.

Western Tanami Project Ore Reserves
As at 31 March 2011
 

  Reserve    Category  
DEPOSIT Proven  Probable  TOTAL 
  Tonnes Grade Ounces Tonnes Grade Ounces Tonnes GradeOunces
Coyote 84,100     10.528,500    231,600   8.4 62,400   315,700    9.090,900  
          
Sandpiper -53,000   3.05,000   53,000   3.05,000  
          
 Kookaburra - - - 408,000    2.8 37,000    408,000    2.8 37,000  
          
 TOTAL84,100    10.528,500    692,600   4.7104,400   776,700   5.3132,900  

Note to accompany Table 

These Ore Reserves have been compiled by Mr Peter Lock (MAusIMM), of Mining Plus Pty Ltd, and Mr Peter Clifford of MineMap Pty Ltd.  Mr Lock and Mr Clifford have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking as a Competent Person as defined in the 2004 Edition of the Australasian Code of Reporting for Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) 2004 edition. Mr Lock and Mr Clifford consent to the inclusion in this report of the matters based on their information in the form and context in which it appears.

Note to accompany Table