JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

Tanami Gold NL

TAM·$0.05·$95.2M cap
GoldCentral Tanami Project Joint Venture (Groundrush), Northern Territory Map

Tanami Gold holds a 50% interest in the Central Tanami Project Joint Venture in the NT's Tanami Desert; operating partner MGX Minerals completed acquisition of Northern Star Resources' former 50% JV stake in February 2026. The JV's Groundrush, Ripcord and Jims deposits host a combined JORC 2012 Mineral Resource of 31Mt at 2.8g/t Au for 2.8Moz contained gold. A fully underwritten A$70.5M rights issue closed June 3, 2026 to fund a two-year decline-development and resource-definition drilling program at Groundrush.

Lifecycle Milestones

Grassroots
Resource Def.Current
PEA
PFS
Feasibility
Permitting
Construction
Production
Weak track recordStrong track record
5.8/10
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
6.5/10
Weaker depositStronger deposit
7.1/10
Weaker profileStronger profile
Price Chart
$0.04$0.05$0.074$0.041$0.052AugNovFebJunSep
Aug 12, 2025Sep 4, 2026
News
$0.05
+38.6%from low-46.6%from high
$0.04$0.10
See who ↓
9.9%
Low alignmentHigh alignment
See who ↓
23.2%
Low alignmentHigh alignment
$95.2M
Far belowFar above
$29.1M median
Price (USD - Local)
$0.05 - AUD 0.07
Cash Position (USD)
$10.1M
Far belowFar above
$11.8M median
Debt (USD)
$41.9K
Far aboveFar below
$0 median
$85.1M
Far belowFar above
$26.9M median
2.4B
Far aboveFar below
172.1M median
Jurisdiction
Australia
2,800,000 oz
Far belowFar above
1.3M median
$30.41/oz
Far aboveFar below
$158.80/oz median
0.0817 oz/t
Far belowFar above
0.04 oz/t median
Underground
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
9.9%
0%100%
19.3% median
23.2%
0%100%
3% median
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
6/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
-4.1% since 2026-07-31 · -4.1% from peak

Your Rankings

Community Sentiment
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Management Team

Executive Director of Tanami Gold NL, effective May 1, 2026 (Non-Executive Director since November 27, 2018). Bachelor's in Chemical Engineering with Honours, Melbourne University; MBA, Henley Management College UK; Master's in research methodology, Macquarie University. Mining/mineral-processing projects across coal, iron ore, base and precious metals; also Executive Director of ASX-listed Metals X Limited and HK-listed Dragon Mining Limited.

Chief Financial Officer of Tanami Gold NL, appointed September 8, 2014. Responsible for corporate/statutory compliance and financial reporting; 18+ years of financial operations experience at listed mining companies. B.Comm, Murdoch University (2005); GradDipCA, CAANZ (2010).

Company Secretary of Tanami Gold NL, appointed July 19, 2013. 25+ years of mining industry experience; also currently Company Secretary of ASX-listed BARD1 Life Sciences (now Inoviq) and HKEx-listed Dragon Mining Limited. [Lower confidence: the company's own IR page 403'd on direct fetch; data retrieved via search-index snippets of that same official page rather than a direct load -- flagged for follow-up direct verification.]

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
2/10

Tanami Gold is effectively controlled by APAC Resources Mining Limited, which holds 43.39% -- a subsidiary of Hong Kong-listed APAC Resources, a natural-resources investment holding company rather than a mining operator. The top 20 shareholders control more than 79% of the 2.35 billion shares on issue, so the register is closed rather than broadly held. Tanami retains 50% of the Central Tanami Project joint venture; Northern Star Resources sold the other 50% to Mount Gibson Iron for A$50M in 2025, and Mount Gibson shares a major shareholder with Tanami in the Tulla Group. No specialist resource fund holds a meaningful position.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.

No reports or presentations linked yet.