Twenty Seven Co Ltd (ASX:TSC) has completed a 662 hole auger drilling campaign for 987 metres over the entire Yarbu tenement package, providing an unparallel geochemical insight into an underexplored part of the Marda-Diemals Greenstone Belt
The company’s geological team will use results from these auger assays to plan further drilling activity at Yarbu
All bagged samples have been dispatched to the laboratory to test for a full multi-element suite.
Further work programs designed to test other priority targets within TSC’s portfolio are being finalised and details will be announced shortly.
The board anticipates receiving the full assays by the end of June.
Focused on determining anomalies
Chief executive officer Simon Phillips said: “We are pleased to have completed this auger drilling program at Yarbu and I would like to thank our drilling, logistics and geology teams for their excellent work.
“The data received from this program will provide us with a detailed level of insight into what is a largely underexplored part of the MardaDiemals Greenstone Belt.
“The main focus at Yarbu now is for our geology consultants to use this data to determine geochemical anomalies that may warrant further follow-up exploration.
“We look forward to reporting these findings in due course.”
Highly prospective location
All samples will be assayed at Lab West in Perth using their low-level UltraFine fraction technique which was developed through CSIRO/MRIWA research project M462 and delivers highly sensitive analysis of gold and multi-elements in the ultrafine fraction of soil samples.
The following work programs are underway and/ or planned for TSC’s WA gold portfolio:
- At Yarbu, TSC will analyse pending assay results from Yarbu auger drilling and identify any areas of mineralisation/ anomalism for follow-up exploration and drilling activity;
- Mt Dimer Gold-Silver Project: Planning of further exploration work programs is underway; and
- Rover Gold Project: Formulating fresh drilling targets, based on extensive geochemical results, for the Blue Hills, Four Corners and Middle Well Gold Prospects. In addition, further follow-up drilling is set for the mainstay Creasy 1 and Harmonic Gold Prospect where significant mineralisation has already been identified.