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TAW
TAW
TAW - Tawana Resources NL - Avontuur Manganese Resource Increased
Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW
ISIN: AU000000TAW7
Share code on the Australian Stock Exchange Limited: TAW
ISIN: AU000000TAW7
("Tawana" or "the Company")
Avontuur Manganese Resource Increased
HIGHLIGHTS
Through Tawana`s 6.76% indirect equity interest in the Avontuur Manganese
Project, a project incorporated under the Thabazimbi Joint Venture with Aquila
Resources Ltd, the Company highlights the results announced by Aquila on 29th
March 2012.
- Aquila Resources Ltd announces a resource increase at the Avontuur
manganese project
- Tawana Resources NL owns a 6.76% indirect equity interest in the Gravenhage
Manganese Project through Rakana Consolidated Mining Pty, the joint venture
partner of Aquila Resources Ltd in the Thabazimbi Joint Venture
- Aquila Resources Ltd manages the Thabazimbi Joint Venture
Tawana Resources NL (ASX: TAW, the `Company`) is pleased to announce that Aquila
Resources Ltd (ASX: AQA, `Aquila`) has announced a resource increase at the
Avontuur Manganese Project.
The Company holds a 26% equity stake in Rakana Consolidated Mining Pty Ltd
("Rakana") the joint venture partner of Aquila in the TJV. The Avontuur
Manganese project which includes the Gravenhage manganese resource and the
Meletse iron ore resource are incorporated under the TJV.
For further technical detail please refer to Aquila`s announcement of 29th March
2012.
Thabazimbi Joint Venture
The Company holds a 26% equity stake in Rakana Consolidated Mining Pty Ltd
("Rakana") the joint venture partner of Aquila Resources Ltd in the Thabazimbi
Joint Venture.
The Thabazimbi Joint Venture includes the Northern Cape Project and Thabazimbi
Project. The Northern Cape Project includes the Avontuur Prospecting Right which
contains the Avontuur and Gravenhage Manganese projects. The Thabazimbi Project
includes the Meletse Iron Ore project.
(Map of Thabazimbi Joint Venture Project locations removed for SENS purposes and
can be found on the Tawana website)
For further information please contact:
Tawana Resources (ASX: TAW)
Lennard Kolff van Oosterwijk
Office: +61 7 3510 2115
MAGNUS Investor Relations + Corporate Communication
John Gardner / Dudley White
Tel: +61 8 9212 0101 / + 61 2 8999 1010
30 March 2012
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 30/03/2012 11:22:01 Produced by the JSE SENS Department.
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