Northern Star to boost Central Tanami ownership

TANAMI Gold is planning to exercise a put option that will see Northern Star Resources acquire an additional 15% of the Central Tanami gold project for A$20 million.

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The Central Tanami gold project

Northern Star acquired an initial 25% of the project in 2015 for $11 million and 4.3 million shares, and can earn up to 60% by sole-funding work under a joint venture.