TIVAN LIMITED — Capital/Financing Update 2005

Sep 6, 2005

THOR MINING PLC LISTS ON GERMANY'S FRANKFURT STOCK EXCHANGE

7 September 2005

Tennant Creek Gold Limited (ASX: TNG) (TNG) advises that Thor Mining PLC has completed a compliance listing on the Frankfurt Stock Exchange (FSE) in Germany to accommodate strong European investor interest in its shares and broaden the Company's international shareholder base, giving institutions and investors the opportunity to trade its shares in Euros.

About Thor Mining PLC (AIM code THR)

In June 2005 Thor Mining PLC (Thor) was admitted to trading on the Alternative Investment Market of the London Stock Exchange after raising of over \$3.8 Million.

Tennant Creek Gold Limited received a consideration of 45 million shares in Thor as well as \$590,000 cash as consideration for the sale of the Company's tungsten & molybdenum projects.

The Company's shareholding in Thor represents approximately 25% of that company and at vear end had a market value of approximately \$4 Million.

Yours faithfully TENNANT CREEK GOLD LIMITED

NEIL BIDDLE Managing Director