Tambourah is working to extend mineralization and uncover gold veins with drilling

2 min read | November 25, 2024 05:14 PM AEDT | By Team Kalkine Media

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Tambourah is working to extend mineralization and uncover gold veins with drilling — Image source: Shutterstock

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Highlights:

Tambourah Metals Ltd (ASX:TMB) has intercepted high-grade gold in its maiden diamond drilling program at the Tambourah King prospect in Western Australia's Pilbara region.

Two strongly mineralized quartz-sulphide veins were intersected, showcasing high-grade gold at depths of 58.35m and 69.64m.

Recent drilling results are consistent with historic drilling, indicating the continuity of high-grade mineralization at the Tambourah King prospect.

Description:

Tambourah Metals Ltd (ASX:TMB) has made a significant discovery in its maiden diamond drilling program at the Tambourah King prospect, located in Western Australia’s Pilbara region. The company intercepted two mineralized quartz-sulphide veins, each containing high-grade gold. These veins were encountered in a single hole, TBDD001, at depths of 58.35 metres and 69.64 metres.

Notably, the results from this drilling hole included 2.65 metres at 32.4 grams per tonne (g/t) of gold from 58.35 metres, with an exceptional 1-metre section returning 77.4 g/t from 59.05 metres. Additionally, a second mineralized zone was identified at 70.65 metres, where the company reported 2.26 metres at 7.94 g/t of gold. These high-grade results are particularly encouraging, as they demonstrate strong mineralization at relatively shallow depths.

The latest drilling results are of particular significance as TBDD001 was drilled as a twin to the historic TBRC026 hole. This historic hole had previously yielded high-grade intercepts, such as 2 metres at 18 g/t of gold from 55 metres, and 5 metres at 6.1 g/t from 69 metres, supporting the continuity of high-grade gold in the area.

Tambourah had previously conducted a reverse circulation (RC) drilling campaign in 2023, which revealed a mineralized lode extending over a strike of around 150 metres. The recent diamond drilling aims to expand on these findings, targeting extensions to the high-grade mineralization identified during the RC drilling.

Tambourah shares have seen a rise following the announcement, reflecting positive market sentiment towards the company’s ongoing exploration progress and the promising results from its current drilling campaign.

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