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TAW - Tawana Resources NL - Avontuur Manganese Resource Increased

Release Date: 30/03/2012 11:22:01      Code(s): 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 Supplied by www.sharenet.co.za                     
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