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Tanami Gold Raises $70.5M to Fund Groundrush Decline and Drilling
8:19am on Friday 24th of July, 2026 AEST
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Mining
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Tanami Gold Raises $70.5M to Fund Groundrush Decline and Drilling
8:19am on Friday 24th of July, 2026 AEST
Key Points
Completed $70.5M fully underwritten rights issue
Macmahon appointed for $38M Groundrush underground decline
2,184 metres drilled at Jims Gold Mine in June quarter
Cash reserves stand at $75.9M with $9.5M in Northern Star shares
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