:) :) :) Managing Director Richard Hyde: “TAN17-DD111 has...

Managing Director Richard Hyde: “TAN17-DD111 has returned the best hole to date in the 2017 drilling program
with 21m at 53.13 g/t Au from 408.5m including 0.5m at 1,613.41 g/t Au and 0.5m at 530.38 g/t Au
and 14.5m at 38.27 g/t Au from 459m.
"Five out of six diamond holes this year  extremely high grades over significant widths  .
The board has decided to focus on resource and extensional drilling for the remainder of 2017, and will revisit development scenarios in the first half of 2018.
The Company will complete a resource update in Q3 2017.  currently has 6 rigs on site and is well-funded to complete all of our proposed work programs, with $14m cash bank1 and over $7.5m ‘in-the-money’ options.” 1 - 31st March 2017

Highlights • High-grade  ;  1,613.41 g/t Au over 0.5m and 530.38 g/t Au over 0.5m within 21m at 53.13 g/t Au from 408.5m  104.16 g/t Au over 4.5m within 14.5m at 38.27 g/t Au from 459m •
High-grade mineralisation extended to more than 350m vertical, double the average depth of the current reserve, and still wide open at depth •
Six drill rigs currently on-site double shifting, infilling and extending mineralisation •
Resource update Q3 2017 • Well-funded to complete all work programs for 2017, with $14m cash bank and over $7.5m ‘in-the money’ options.