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Twenty-Seven Co Verifies Large Mineralised Gold System at Creasy 1

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THE DRILL SERGEANT: TSC Limited (ASX: TSC) happily reported results for recent drilling undertaken at the Creasy 1 prospect, within the company’s Rover project in Western Australia.

TSC declared the assays, including up to 3 metres at 2.8 grams per tonne gold, have confirmed the discovery of a large, shallow mineralised gold system at the Creasy 1 prospect.

The company’s confidence came by combining its March 2020 RC drilling campaign, which comprised 20 drill-holes for 1,752m in total across the Creasy 1 and Harmonic5 prospects, and the high-grade shallow economic intercepts achieved from its December 2019 drilling.

De Grey said the latest results reinforced the gold potential at Rover.

Results from the March campaign include:

20RVRC031
3 metres at 1.2 grams per tonne gold from 80m;

20RVRC033
3m at 2.3g/t gold from 71m;

20RVRC035
3m at 2.8g/t gold from 56m;

20RVRC037
3m at 1.9g/t gold from 104m; and

20RVRC037
3m at 0.8g/t gold from 134m.

“At a time when the Australian dollar gold price is at an all-time high, encouragingly, the more we drill at Rover the more gold we find!” Twenty-Seven Company CEO Ian Warland exclaimed in the company’s announcement to the Australian Securities Exchange.

“The standout prize has been finding shallow high-grade gold shoots, verifying that we have discovered an extensive gold mineralised system.

“Factoring in outcropping gold mineralisation 300 metres north at Harmonic, there is still significant further exploratory work ahead across the two prospects which will better enable us to understand the overall gold potential at Rover.

“Recent work has also confirmed the VMS prospectivity of the project, so we are excited to shortly begin work on eight well-defined MLTEM bedrock conductors along the Maynard Hill greenstone belt to test for VMS-style mineralisation.”

 

Email: enquiries@twentysevenco.com.au

Web: www.twentysevenco.com.au

 

Twenty-Seven Co Identifies Its Name in New Conductors

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THE DRILL SERGEANT: TSC Limited (ASX: TSC) has identified 27 new conductors at the company’s Rover project in Western Australia.

TSC made the identifications via a recently-completed AEM survey over southern half of the Rover project.

The company explained that the vast majority of the conductors are situated along a 20-kilometres-long prospective gold strike that is part of the Maynard Hills greenstone belt.

TSC’s consultant geophysicist analysed the final data from the AEM survey, facilitated by New Resolution Geophysics’ advanced Xcite system.

From this an additional 14 AEM conductors have been identified, taking the total to a substantial 27 (up from 13 in early March).

Twenty-five conductors are located along a 15km stretch of the Maynard Hills greenstone belt, one conductor is located on the Cook Well greenstone belt and one is located in granitic rocks between the greenstone belts.

The bulk of the conductors have been grouped into five areas sequentially from north to south, including:

Two conductors west of Creasy 1 gold prospect;
Four conductors at Creasy 2 VMS prospect;
Five conductors near Creasy 3 prospect;
Five conductors covering a 600m strike at the newly discovered Red Bush prospect; and
Nine conductors southeast of Red Bush, with six coincident to a gold target identified in a geophysics study last year.

“Without doubt, the final AEM survey results have significantly surpassed expectations, with a substantial 27 conductors to follow up at the Rover project,” TSC CEO Ian Warlandsaid in the company’s announcement to the Australian Securities Exchange.

“To maintain exploration momentum, TSC has contracted a GEM crew to survey the most promising AEM conductors so that high-quality test-drill targets can be finalised for future drilling campaigns.

“With the second RC drilling program complete, TSC is now eagerly awaiting assays and GEM results which will determine next steps.”

 

Email: enquiries@twentysevenco.com.au

Web: www.twentysevenco.com.au

 

Twenty Seven Co Drilling at Rover

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THE DRILL SERGEANT: Twenty Seven Co (ASX: TSC) has commenced a follow up RC drilling campaign at the company’s Rover project in Western Australia.

TSC outlined the objective of this second RC drilling campaign as to build on the inaugural program, which encountered encouraging intercepts resulting in the Creasy 1 gold discovery and VMS signature at the Harmonic prospect.

“RC drilling is now underway, with our primary goal to expand the shallow high-grade gold discovery at Creasy 1 and test the VMS potential at the Harmonic prospect,” Twenty Seven Co CEO Ian Warland said in the company’s announcement to the Australian Securities Exchange.

“At the same time the team is focusing on results from the successful AEM survey to get these conductors drill ready, expanding our pipeline of high-quality targets at Rover.”

The AEM survey results Warland refers to identified 13 conductors along 20 kilometres prospective gold strike that is part of the Maynard Hills greenstone belt.

TSC said this emphasises and enhances the prospectivity of the Rover project.

Two conductors were identified at Creasy 2 where RC drilling recently confirmed strong potential for VMS style mineralisation at depth and/or along strike with one intercept hitting a thick zone of highly anomalous zinc.

“Without question, identifying 13 conductors along the Maynard Hills greenstone belt from the AEM survey exceeded expectations,” Warland said.

“This is an exciting development for TSC and delivers a significant pipeline of highly prospective gold and VMS targets.

“As the geology team is at site for the start of the upcoming RC drilling campaign, we have taken the opportunity to reconcile the AEM results with field observations to formulate which targets are to be prioritised for drill testing.

“We look forward to reporting further developments as they materialise.”

 

Email: enquiries@twentysevenco.com.au

Web: www.twentysevenco.com.au