ON TRACK...EXPLORER TO PRODUCER

TNG is an Australian resource company focused on the evaluation and development of its Mount Peake vanadium project and realising value from its extensive minerals portfolio.

Latest News

  • 20.05.2013
    High grade Polymetallic zones in latest Mt Hardy drilling

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  • 17.05.2013
    Change in substantial holding

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News in China

  • 15.02.2012
    Global Markets 2012: China's latest five year plan to boost vanadium consumption

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  • 02.06.2011
    China's crude steel demand forecast to reach 750 million tonnes in 2015

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Investment Highlights

  • $13.4m tranaction completed with two major Chinese companies: Ao-Zhong International Mineral Resources Pty Ltd ("Ao-Zhong"), a subsidiary of the State Owned Enterprise Jiangsu Eastern China Non-Ferrous Metals Investment Holding Co Ltd ("ECE") and          Aosu Investment & Development Co Pty Ltd (a wholly owned subsidiary of the Wanlong Industrial Group)

  • Mount Hardy - Acquisition of new 101.76km2 tenement in highly prospective Mount Hardy Copper Field

  • Mount Peake - One of Australia’s largest Iron Vanadium Titanium Projects

  • Large-scale resource of 160Mt grading 0.3% V205, 23.66% Fe, 5.34% TiO2

  • Exploration Target of 500-700Mt grading 0.2-0.4% V205, 25-35% Fe and 6-9% TiO2

  • Pre-Feasibility Study completed:

    Results give a $12B LOM revenue; with Annual Nett Cash flow $294M over 17 year mine life

  • Located close to Road, Rail and Power infrastructure

  • Additional potential to value-add for downstream value

 

Other Projects

  • Extensive Mineral Portfolio for Copper and Gold,  a major Lead/Zinc/Silver (Pb/Zn/Ag)  project, and 20% interest in the Cawse Nickel mine