Tanami Gold Nl · ASX:TAM

Tanami Gold Nl — RIU Explorers Conference 2011

39 slides from Tanami Gold Nl's conference presentation, Feb 23, 2011

1. Slide 1: Production, Performance, Profit… Building a 200,000oz per annum Australian gold producer

   For personal use only ASX:TAM Production, Performance, Profit… 22-23 February 2011 Building a 200,000oz per annum Australian gold producer RIU Explorers Conference Fremantle

2. Slide 2: 2010 Highlights

   2010 Highlights Completed ABM transaction Dec’09 For personal use only ƒ ƒ Acquired Newmont’s Central Tanami Project Mar’10 ƒ Completed successful $63M entitlements issue and 1:30 capital consolidation. ƒ Expanded exploration budget to $15M [4-6 Drill rigs] ƒ Increased Western Tanami Resource by 30%

3. Slide 3: Corporate

   For personal use only Corporate Item Value Share Price A$1.05 cents1 Shares Outstanding 260.9 million Market Capitalisation A$274 million Cash and cash equivalents A$8.9 million2 Debt A$5.2 million2 Enterprise Value A$270million Allied Properties Resources – 23.5% Sun Hung Kai Investments – 12.6% Eu

4. Slide 4: Tanami Gold NL - Key Assets

   For personal use only Tanami Gold NL - Key Assets The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 4

5. Slide 5: Tanami Gold NL - Key Assets

   Tanami Gold NL - Key Assets ƒ Western Tanami Operations (100% owned) For personal use only ƒ Central Tanami Project (100% owned) ƒ Strategic Shareholding in ABM Resources NL (approx. 21% or 25% fully diluted) The Tanami Trio – Immediate cash flow, substantial production growth, outstanding explorati

6. Slide 6: Western Tanami Operations

   Western Tanami Operations ƒ Total Resource at Western Tanami1 For personal use only 3,119,000t @ 5.5g/t for 554,700ozs ƒ Coyote 880,000t @ 11.0g/t for 312,000ozs ƒ Bald Hill 2,062,000t @ 3.4g/t for 228,000ozs ƒ Other 176,000t @ 2.4g/t for 13,700ozs. 65% in Measured and Indicated category 31% increas

7. Slide 7: Western Tanami – Coyote Operations

   For personal use only Western Tanami – Coyote Operations Direction of Plunge The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 7

8. Slide 8: Western Tanami - Bald Hill Operations

   For personal use only Western Tanami - Bald Hill Operations ƒ 35km north of Western Tanami treatment plant ƒ Two open pits – Sandpiper and Kookaburra ƒ Mining recommenced late Nov’10 ƒ Important - Host rocks equivalent to Dead Bullock Formation ƒ Recent exploration success highlights underground pot

9. Slide 9: Bald Hill - Sandpiper Open Pit

   Bald Hill - Sandpiper Open Pit ƒ Recent drilling strengthens For personal use only Resource potential below open pit:1 15.1m @ 6.1g/t Au incl 8.8m @ 9.5g/t 5.0m @ 7.3g/t Au 11.0m @ 4.9g/t Au incl 0.8m @ 34.2g/t 1 4.7m @ 4.8g/t Au 2.6m @ 30.1g/t Au incl 0.6m @ 118.1g/t 6.3m @ 6.2g/t Au Open down plun

10. Slide 10: Central Tanami Project

    For personal use only Central Tanami Project ƒ Acquired from Newmont for $22M ƒ Immediate Resource upgrade purchase price $21/oz zero value assigned to treatment plant / infrastructure / exploration ƒ Acquisition includes: ƒ 0.5Mozs JORC Resource (2010)1 ƒ 1.2Mtpa treatment plant and extensive infra

11. Slide 11: Central Tanami Tenement Plan

    For personal use only Central Tanami Tenement Plan The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 11

12. Slide 12: Central Tanami Schematic Long Section

    For personal use only Central Tanami Schematic Long Section The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 12

13. Slide 13: Central Tanami Schematic Long Section

    For personal use only Central Tanami Schematic Long Section The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 13

14. Slide 14: Tenement MLS153

    Tenement MLS153 ƒ Historic mining - 15 open pits For personal use only ƒ 1.2 Mtpa treatment plant ƒ 120 person accommodation village ƒ Office, workshop and airstrip ƒ Open pit and underground potential ƒ No mining since 1994 Approximately 15 kilometres of mineralised structures The Tanami Trio – Imm

15. Slide 15: Tenement MLS167

    For personal use only Tenement MLS167 ƒ Historic mining - 14 open pits ƒ Open pit and underground potential ƒ Current focus – Reserve and Resource definition drilling ƒ No mining since 2001 Approximately 20 kilometres of mineralised structures The Tanami Trio – Immediate cash flow, substantial produ

16. Slide 16: Hurricane-Repulse Open Pit

    For personal use only Hurricane-Repulse Open Pit The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 16

17. Slide 17: Schematic Long Section – Hurricane Repulse

    For personal use only Schematic Long Section – Hurricane Repulse The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 17

18. Slide 18: Carbine Open Pit

    For personal use only Carbine Open Pit The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 18

19. Slide 19: Carbine Deposit

    For personal use only Carbine Deposit The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 19

20. Slide 20: Groundrush Open Pit – ML 22934

    For personal use only Groundrush Open Pit – ML 22934 The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 20

21. Slide 21: Schematic - Groundrush Long Section

    For personal use only Schematic - Groundrush Long Section The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 21

22. Slide 22: Exploration: The exploration potential of the Tanami region

    For personal use only Tanami Gold NL EXPLORATION “The exploration Potential of the Tanami region” Production – Performance – Potential – Profit The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 22

23. Slide 23: Central Tanami Exploration Potential

    For personal use only Central Tanami Exploration Potential The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential

24. Slide 24: Central Tanami Exploration Potential

    For personal use only Central Tanami Exploration Potential The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential

25. Slide 25: Central Tanami Exploration Potential

    For personal use only Central Tanami Exploration Potential The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential

26. Slide 26: Western Tanami Exploration Potential

    For personal use only Western Tanami Exploration Potential The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential

27. Slide 27: Western Tanami Exploration Potential

    For personal use only Western Tanami Exploration Potential The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential

28. Slide 28: Resources as at Dec 2010

    Resources as at 31 Dec 2010 Total Western and Central Tanami Mineral Resources For personal use only Measured Indicated Inferred Total Deposit Grade Grade Grade Ounces Tonnes Grade (g/t) Tonnes Tonnes Tonnes (g/t) (g/t) (g/t) MLS153 1,051,000 2.2 2,207,000 2.9 1,072,000 3.1 4,331,000 2.3 317,000 MLS

29. Slide 29: Gold Resource Growth Since 2009

    For personal use only Gold Resource Growth Since 2009 The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential 29

30. Slide 30: Summary

    Summary ƒ Unhedged and minimal debt For personal use only ƒ Current production 40-50,000ozpa growing to 150-200,000ozpa ƒ Total Resource 2.03Moz1 - will continue to grow very quickly and cheaply ƒ Over 5,000 km2 of highly prospective exploration tenements ƒ Tenement package has potential to host ver

31. Slide 31: Thank You

    For personal use only ASX:TAM THANK YOU….. Production, Performance , Profit….. 22-23 February 2011 Building a 200,000oz per annum Australian gold producer RIU Explorers Conference Fremantle The Tanami Trio – Immediate cash flow, substantial production growth, outstanding exploration potential

32. Slide 32: Disclaimer & Competent Person’s Statement

    Disclaimer & Competent Person’s Statement Disclaimer & Forward-Looking Statements For personal use only ƒ Certain statements contained in this presentation, including information as to the future financial or operating performance of Tanami Gold NL and its projects, are forward-looking statements. S

33. Slide 33: Central Tanami Resources as at Dec 2010

    For personal use only Central Tanami Resources as at Dec 2010 Measured Indicated Inferred Total Deposit Grade Grade Ounces Tonnes Grade (g/t) Tonnes Tonnes Grade (g/t) Tonnes (g/t) (g/t) MLS153 1,051,000 2.2 2,207,000 2.9 1,072,000 3.1 4,331,000 2.3 317,000 MLS167 2,470,000 3.0 2,854,000 3.4 1,742,0

34. Slide 34: Central Tanami Resources as at May 2010

    For personal use only Central Tanami Resources as at May 2010 Measured Indicated Inferred Total Deposit Grade Grade Ounces Tonnes Grade (g/t) Tonnes Tonnes Grade (g/t) Tonnes (g/t) (g/t) MLS153 578,000 2.3 744,000 2.2 441,000 3.9 1,763,000 2.7 151,000 MLS167 2,369,000 3.2 2,004,000 4.0 640,000 3.7 5

35. Slide 35: Western Tanami Resources as at June 2010

    Western Tanami Resources as at June 2010 Measured Indicated Inferred Total For personal use only Deposit Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Coyote 78,000 25.6 64,000 473,000 11.5 174,000 329,000 7.0 74,000 880,000 11.0 312,000 Sandpiper 27,000 3.3 3,000 4

36. Slide 36: Western Tanami Project – Hutch’s Find

    For personal use only Western Tanami Project – Hutch’s Find Western Tanami Project - Hutch’s Find significant intersections from recent drilling Significant Intersections Hole Collar Collar Collar Collar Collar Hole Number Depth Length Grade Easting Northing RL Dip Azimuth Interval (m) (m) (g/t) 98m

37. Slide 37: Central Tanami Project – Southern

    For personal use only Central Tanami Project – Southern Central Tanami Project – Southern significant intersections from recent drilling Significant Intersections Collar Collar Collar Hole Hole Number Collar RL Collar Dip Length Grade Easting Northing Azimuth Depth (m) Interval (m) (g/t) SODD2 57383

38. Slide 38: Central Tanami Project – Miracle

    Central Tanami Project – Miracle Central Tanami Project – Miracle, Legs and Lynx significant intersections from recent drilling For personal use only Hole Significant Intersections Collar Collar Collar Collar Collar Prospect Hole Number Depth Length Grade Easting Northing RL Dip Azimuth Interval (m)

39. Slide 39: Resources as at June 2010

    Resources as at 30 June 2010 Total Western and Central Tanami Mineral Resources For personal use only Measured Indicated Inferred Total Deposit Grade Grade Grade Ounces Tonnes Grade (g/t) Tonnes Tonnes Tonnes (g/t) (g/t) (g/t) MLS153 578,000 2.3 744,000 2.2 441,000 3.9 1,763,000 2.7 151,000 MLS167 2

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