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:
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.”