Newmont JV Identifies Gold Anomalies at Tanami Property
NEM•A wholly owned subsidiary of Newmont is part of a joint venture on the 1,237 sq km Tanami Property in Northern Territory where V Ten Metals’ surface geochemical and passive seismic surveys identified several gold anomalies requiring further assessment. Results from Q3 2025 surveys will guide next exploration phases.
1. Joint Venture Structure
Newmont’s wholly owned subsidiary holds an equity position in a joint venture with V Ten Metals on four contiguous exploration licenses covering 1,237 sq km in Australia’s Tanami Desert, approximately 450 km northwest of Alice Springs.
2. Survey Methodologies and Findings
During Q3 2025, V Ten Metals conducted a proprietary Deep Sensing Geochemistry survey alongside an HVSR passive seismic study using Tromino seismometers. Preliminary analysis identified multiple discrete gold anomalies across the Property, signalling prospective drill targets.
3. Next Steps for Exploration
The joint venture partners plan to interpret the DSG and seismic data in detail and determine priority zones for follow-up drilling. Further technical updates are anticipated in upcoming reporting periods as the partners refine target models.
