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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 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
