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MGX and Tanami Gold Secure $38 Million Contract for Groundrush Decline Construction
8:09am on Monday 31st of August, 2026 AEST
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Mining
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MGX and Tanami Gold Secure $38 Million Contract for Groundrush Decline Construction
8:09am on Monday 31st of August, 2026 AEST
Key Points
Signed $38 million contract with Macmahon for underground decline
3.5km decline to enable 33,000 metres of infill drilling
Targeting upgrade of 400,000 ounces from Inferred to Indicated resources
Surface works underway; portal construction starting September
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