TIVAN LIMITED — Major Shareholding Notification 2007

Mar 12, 2007

CBH Resources Limited

Level 3, 2 Elizabeth Plaza, North Sydney NSW 2060 Australia PO Box 1967, North Sydney NSW 2059 Australia www.cbhresources.com.au

Tel: +61 2 9925 8100 Fax: +61 2 9925 8111 office@cbhresources.com.au

Company Announcements Office Australian Securities Exchange Level 4, Exchange Centre 20 Bridge Street SYDNEY NSW 2000

13 March 2006

Dear Sirs.

CBH becomes Substantial Shareholder in Tennant Creek Gold Limited

The Company advises that it has taken a placement of 6 million shares, each at 39 cents, in Tennant Creek Gold Limited. (TNG). This represents 5.3% of TNG's current issued shares and 3.3% on a fully diluted basis. A Form 603 (Notice of Initial Substantial Holder) is attached

TNG 's principal asset is the Manburrum zinc/lead/silver resource being a reported Indicated and Inferred Resource of 10.5 million tonnes at 2.9% zinc, 0.7% lead and 5.5g/t silver, located in the Northern Territory, some 70 km northeast of Kununurra, WA.

CBH, through wholly owned subsidiary Triako Resources Limited, holds the Sorby Hills lead I zinc silver deposits, being a reported Inferred Resource of 10 million tonnes at 6.4% lead, 0.9% zinc and 66g/t silver, about 30 km to the west of the Manburrum resource in Western Australia in the area to be developed as Stage 2 of the Ord River Project.

Due to the proximity of these deposits, CBH considers there may be synergies between these two potential mining projects, which could considerably improve the respective development economics (e.g., common processing facilities,)

The Company has taken this placement to further the cooperation between the two companies as they move foward in the potential development of this area

Yours faithfully

Stephen J Lonergan Company Secretary

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	TENNANT CREEK GOLD LIMITED
ACN/ARSN	12 000 817 023
1. Details of substantial holder (1)
Name	CBH RESOURCES LIMITED
ACN/ARSN (if applicable)	27 009 423 858

$13/03/2007$ The holder became a substantial holder on

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary fully paid	6,000,000		5.3%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
CBH Resources Limited	registered holder	6,000,000 ordinary fully paid

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant	Registered holder of	Person entitled to be	Class and number of securities
interest	securities	registered as holder (8)
CBH Resources	CBH Resources	CBH Resources	$6,000,000$ ordinary
Limited	Limited	Limited	fully paid

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
		Cash	Non-cash
CBH Resources Limited	13/03/2007	\$2,340,000		Ordinary, fully paid

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
CBH Resources Limited	Level 3,2 Elizabeth Plaza, North Sydney NSW 2060
Tennant Creek Gold Limited	Level 1,282 Rokeby Road, Subiaco WA 6008

Signature

print name	STEPHEN J LONERGAN		capacity COMPANY SECRETARY
sign here		date	13/03/2007

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the $(1)$ manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.
• $(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an $(5)$ associate has a relevant interest in.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(6)$
• Include details of: $(7)$
• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of $(a)$ any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• $(b)$ any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write $(8)$ "unknown".
• $(9)$ Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.