leadf
logo-loader
viewTasman Resources Ltd

Tasman Resources defines silver anomaly in South Australia

au_south_australia__350_54b34d8de6ef8.jpg

Tasman Resources’ (ASX:TAS) infill sampling has confirmed a cohesive silver anomaly at the Corrie Dam prospect located about 8 kilometres from its Parkinson Dam project in South Australia.

The 100ppb silver zone covers 1.5 kilometre by 480 metre prospect with a peak value of 630ppb.

Sampling was carried out to better define the anomaly for drill testing.

Corrie Dam lies adjacent to the interpreted location of the Uno Fault which is believed to be a controlling factor for the emplacement of epithermal gold-silver-base metal mineralisation in the region.

The prospect could be a strike extension of one of the high priority epithermal silver targets recently highlighted by Musgrave Minerals (ASX:MGV) 1.5 kilometres to the southwest on adjacent Exploration Licence 5497.

Silver values in the intervening area may be subdued due to the presence of thicker recent alluvial cover and therefore it is possible that these two adjacent anomalies may be associated with a single north trending mineralised structure.



Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Quick facts: Tasman Resources Ltd

Price: 0.036 AUD

ASX:TAS
Market: ASX
Market Cap: $21.05 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Davide Bosio previews hotly anticipated IPOs for Miramar Resources and Zebit

Davide Bosio from Shaw and Partners says it's been a terrific start to the listing process for Miramar Resources, a junior West Australia exploration company. ''We opened up the offer and closed literally on the same day raising $8mln''. Bosio adds that Zebit is still on track to list on the ASX...

3 days ago

2 min read