Twenty-Seven Co. Limited

Description

Twenty Seven Co. Limited (ASX:TSC) is a mineral explorer with high quality exploration projects in Western Australia and New South Wales. The junior mining company is backed by a strong leadership team holding a proven track record across the resource value chain, ranging from exploration, discovery, development to establishing mining operations.

TSC commenced its journey as a diversified new energy focused explorer; however, later, the Company shifted its focus primarily on gold exploration.

The Company, in a very short span of time, has increased its gold footprint in the prolific Western Australian region. TSC is actively pursuing exploration and drilling operations on its WA gold portfolio including the Mt Dimer, Rover, and Yarbu projects.

The Mt Dimer gold and silver project lies nearly 125 kilometres north-east of Southern Cross. Covering an area of 460 square kilometres, the project includes one mining lease M77/515 and an exploration licence E77/2383. The reverse circulation drilling program of 2021 has returned significant gold and silver intercepts of up to 23g/t of Au and 33 g/t of Ag.

The Yarbu Gold Project sits within the Marda-Diemals Greenstone Belt and is in close vicinity of the Mt Dimer Project and Ramelius Resources’ Marda Gold Project. The review of historical soil geochemical data has revealed a strong gold presence in soil geochemical anomalies. The project is highly prospective for Archean gold. The large, underexplored tenement holding is believed to cover the known gold mineralised Clampton Fault.

Located in Central Yilgarn, the Rover Project has a large tenure package of 460 square kilometres. The Company led exploration programs have returned potential for high-grade gold mineralisation on the project.

Apart from gold assets, TSC also holds interests in iron oxide copper gold (IOCG) assets in New South Wales. The Midas, Trident and Perseus projects are highly prospective for IOCG targets.