Tanami Gold NL and Northern Star Resources Limited have agreed to form a new Joint Venture with the express purpose of commencing mining of the Groundrush deposit as soon as practicable commensurate with good mining practice. The Board of Tanami Gold announced after carefully considering various options that it has entered into a binding agreement with Northern Star Resources Limited and its wholly owned subsidiary Northern Star (Tanami) Pty Ltd. to establish a new 50/50 Joint Venture covering the Central Tanami Project. The agreement is aimed at providing a pathway for exploration and development at Central Tanami with the mutual objective of developing and commencing mining of the Groundrush deposit and any ore reserves and resources delineated on the Joint Venture tenements at the earliest possible time commensurate with good mining practice.