Tennant Minerals Drilling to Test Expanded Bluebird Footprint
THE DRILL SERGEANT: Tennant Minerals (ASX: TMS) has preparations underway for its next drilling phase at the high-grade Bluebird copper-gold discovery within the company’s 100 per cent-owned Barkly project on the outskirts of Tennant Creek in the Northern Territory.
Tennant Minerals plans testing of multiple targets within an expanded 2.5 kilometres strike-length mineralised footprint, including the Perseverance target – 2km west of Bluebird.
Bluebird is one of multiple copper-gold targets within a five kilometres footprint at the Barkly project.
The new drilling phase will aim to extend the Bluebird discovery and define high-grade copper-gold mineralisation from near surface to over 400m depth and more than 800m strike-length, with the aim of defining a maiden Mineral Resource that will be sufficient to support a stand-alone mining and processing operation at Bluebird.
“After the significant progress made at the Bluebird copper-gold discovery in 2023, our geological team is looking forward to launching our next drilling campaign as soon as the rainy season ends in Tennant Creek in the Northern Territory,” Tennant Minerals CEO Vincent Algar said in the company’s ASX announcement.
“The Tennant Creek Mineral Field, which historically produced more than 5.5 million ounces of gold and 700,000 tonnes of copper, is enjoying a resurgence of interest with multiple companies active in the area, primarily due to renewed investor interest in copper and gold and the high potential for new discoveries.
“Our recent exceptional intersection of copper with gold in hole BBDD0045 of 61.8 metres at 2.3 per cent copper and 0.4 grams per tonne gold, has extended and confirmed the continuity of the high-grade massive copper sulphide zone at Bluebird.
“The new drilling program will continue to extend the existing high-grade mineralised footprint and work towards defining a maiden Mineral Resource.
“We will also be testing new targets within the expanded 2.5 kilometres ironstone corridor which now extends from Bluebird East to Perseverance, some two kilometres west of the Bluebird discovery.
“A review of historical results at Perseverance has identified high-grade gold drilling intersections of up to 50 grams per tonne gold and 43.2 grams per tonne gold over three metres, and 42 metres of mineralised ironstone with grades of up to 8.5 grams per tonne gold.
“This has reinforced our confidence that the Perseverance-Bluebird corridor could host multiple high-grade copper and gold discoveries.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE