TNG sells Northern Territory Ten Fei

May. 12, 2010 04:47PM PST

TNG, ASX-listed explorer sold its Manbarrum zinc/lead/silver project. The Northern Territory project was sold for $8,5-million in cash to China’s Teng Fei Mining (TFM).
TNG CEO Paul Burton is quoted saying:
“TNG welcomes the ongoing cooperation between the two companies, which provides significant potential for future funding and the identification of new project exploration and development opportunities.”
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TNG, ASX-listed explorer sold its Manbarrum zinc/lead/silver project. The Northern Territory project was sold for $8,5-million in cash to China’s Teng Fei Mining (TFM).

TNG CEO Paul Burton is quoted saying:
“TNG welcomes the ongoing cooperation between the two companies, which provides significant potential for future funding and the identification of new project exploration and development opportunities.”

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