The Central Tanami Project Joint Venture (CTPJV) in the Northern Territory is one of Australia's largest undeveloped high-grade gold projects, with total estimated Mineral Resources (JORC 2012) of 31 Million tonnes grading 2.8 g/t gold for 2.8 million ounces of contained gold. An unincorporated 50:50 joint venture between MGX and Tanami Gold NL, the CTPJV covers more than 2,100 square km of tenements in the Central Tanami which have historically produced over 2 Moz from past operations. More than 50 known gold deposits are located on the tenements, which also hosts substantial site infrastructure, including an accommodation camp, 1.4km gravel airstrip, and historic non-operating 1.2 Mtpa CIL processing plant, last operated in 2005. In addition MGX holds 100% interests in a further 3,600 sqkm of tenements in the region. The CTPJV aims to establish production in the earliest possible timeframe, focused on initial development of the high-grade Groundrush gold deposit (1.2 Moz at 3.3 g/t Au) and the Jims gold deposit (220 koz at 2.7 g/t Au). An exploration decline to enable underground infill drilling and advance underground mine development at the Groundrush deposit is scheduled to commence in the September 2026 quarter.