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Tennant Minerals Drilling to Test Expanded Bluebird Footprint

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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

 

 

Tennant Minerals Hits High Copper at Bluebird

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THE DRILL SERGEANT: Tennant Minerals (ASX: TMS) reported further drilling results from the Bluebird high-grade copper gold discovery within the company’s 100 per cent-owned Barkly project in the Northern Territory.

Tennant Minerals’ latest drilling results include an exceptional intersection of:

BBDD0045
61.8 metres at 2.3 per cent copper, 0.4 grams per tonne gold from 149.2m.

The company described this as an “intensely mineralised intersection, from the western extension of the Bluebird discovery”.

The intersection included a very high-grade zone of 9.6 per cent copper over 13.2m, and a massive chalcopyrite interval grading 17 per cent copper over 6.85m.

Gold grades of up to 14.7g/t gold were also identified.

Two bulk composite samples; one from BBDD0045 and another from a second hole BDD0046 and are undergoing metallurgical test-work.

The test-work includes flotation tests to recover the copper sulphide mineralisation (predominantly chalcopyrite, chalcocite and bornite) and gravity concentration tests will aim to recover native copper and free gold.

The metallurgical testwork results are expected to be available in March.

“This latest exceptional intersection of copper with gold at Bluebird has extended and confirmed the continuity of the high-grade massive copper sulphide zone, which remains open at depth,” Tennant Minerals CEO Vincent Algar said in the company’s ASX announcement.

“It follows the intersection of significant visible copper mineralisation in two wide-spaced holes at the Bluebird East discovery, which indicates potential for the Bluebird mineralisation to continue from surface to more than 400m depth and link with Bluebird East over a strike-length of more than 800m.

“Every hole we drill gives us more encouragement that Bluebird is an exceptional emerging copper-gold discovery which will continue to grow with further exploration.

“We can now look forward to launching our next drilling program, aiming to define and extend the enlarged mineralised footprint and define a maiden Mineral Resource to support a stand-alone mining and processing operation to help meet growing global demand for copper and gold.”