Perth, Australia - Tanami Gold NL (ASX:TAM) ('Tanami Gold' or the 'Company') is pleased to advise that analytical results have been received for all 15 reverse circulation ('RC') drill holes completed at the Ripcord Gold Deposit ('Ripcord') during the 2022 field season on the Central Tanami Project Joint Venture ('CTPJV'). Results from Ripcord have returned a series of significant intercepts above 0.5 g/t gold, including 7.0 metres @ 3.21 g/t gold, 14.0 metres @ 1.81 g/t gold and 4.0 metres @ 3.79 g/t gold, confirming the presence of gold mineralisation along the northerly strike extensions.

Results have also been received for the final two RC holes completed at the Western Dolerite Prospect ('Western Dolerite'). Final results for 5 diamond core drillholes ('DDH') from Jims Gold Deposit ('Jims') and 7 DDH holes from the Groundrush Gold Deposit ('Groundrush') that were drilled during the 2022 field season remain pending and are expected in the coming months. Preparation for activities in the 2023 field season have also commenced, with the CTPJV approaching suitable RC and DDH drill contractors to allow planned campaigns at Ripcord and Groundrush to resume immediately after the wet season. The CTPJV is a 50/50 Joint Venture between Tanami Gold and ASX listed Northern Star Resources Limited (ASX:NST) ('Northern Star'), which was established to advance exploration on the 2,211km2 tenement area in the Tanami Region held by the CTPJV.

The tenement area encompasses highly prospective, underexplored geological sequences, in an area that is known to be well endowed with gold mineralisation. The objective of the CTPJV is to develop and mine Groundrush, and any other gold deposits delineated within the CTPJV tenements at the earliest time, commensurate with good mining practice and utilising mining infrastructure already in place on the project area

Contact:

Arthur Dew

Chairman

Tanami Gold NL

ABN 51 000617 17

Unit 202, 39 Mends Street

South Perth WA 6151

T: 618 63735130

W: www.tanami.com.au

Competent Persons Statement

The information in this report that relates to Exploration Results fairly represents information and supporting documentation that was compiled by Mr. Neale Edwards BSc (Hons), a Fellow of the Australian Institute of Geoscientists, who is a Director of the Company and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as Competent Persons as defined in the 2012 Edition of the Australasian Code of Reporting for Exploration Results, Mineral Resources and Ore Reserves. Mr. Neale Edwards has provided written consent approving the inclusion of the Exploration Results in the report in the form and context in which they appear.

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