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:
3 metres at 1.2 grams per tonne gold from 80m;
3m at 2.3g/t gold from 71m;
3m at 2.8g/t gold from 56m;
3m at 1.9g/t gold from 104m; and
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.”