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.”