Tandai Project (30% Sumatra, 70% Newcrest Mining Limited)

Tandai is an under-explored, high-grade gold and silver project with strong potential to be a multi-million ounce district.

With numerous exploration targets, the Project is located approximately 100km north of Bengkulu in central Sumatra and covers an area of some 1,000km². It has a long history of mining from the early part of the 20th Century until post World War II, with a historic total production of more than 1.4Moz Au.

Exploration work has identified extensive additional new veining and there is excellent potential for underground high grade resources as well as possible open pit mining operations. The area is also known as the PT Bengkulu Utara Gold IUP.