Tambourah Metals Identifies High-Grade Gold Finds at Beatty Park Sth Project in WA
Tambourah Metals (ASX: TMB) has reported a number of high-grade gold hits at its Beatty Park Sth project in Western Australia.
The company drilled eight slimline reverse circulation (RC) holes immediately east and along strike from where it had intersected gold in its maiden aircore program at the project.
The follow-up drilling returned significant high-grade gold intersections, with one of 24 metres at 18.8 grams per tonne gold from 20m, including 4.0m at 92.2g/t from 24m and 4m at 14.3g/t from 28m.
Underlying Gold Structure
All drill holes in the step-out program terminated in fresh rock, with the company of the opinion that an alteration it has observed reflects an underlying gold-bearing structure.
Tambourah’s immediate aim at Beatty Park Sth is to define the dimensions of shallow, transition zone hosted, high-grade gold mineralisation, with only 25% of a 500m long soil anomaly tested so far.
The company is also keen to complete first-pass drilling of the gold in soil anomaly, and identify both oxide and bedrock targets for follow up RC drilling.
Gold mineralisation at Beatty Park Sth – one of six project areas that Tambourah acquired in WA’s Bryah Basin – sits near the upper contact of the Narracoota formation with sediments of the Horseshoe formation.
Elsewhere in the vicinity, this setting hosts significant deposits of gold and base metals at the Harmony, Fortnum, and Horseshoe Lights projects.
Better Results than Anticipated
Tambourah said results from Beatty Park Sth had eclipsed the grades it expected from historical drilling, highlighting the prospect as an emerging gold system with significant potential for growth.
The lens remains open along strike to the south, suggesting the possibility that it is linked to an underlying, steeply-dipping feeder structure, with the gold target remaining open along strike and at depth.
Tambourah has now re-submitted drill samples for assay, and will look to review the suitability of geophysical techniques to identify zones of mineralisation within the bedrock and assist with drill targeting.
In the meantime, the company is developing the geological framework on which it plans to base its 2000m RC program to test bedrock targets, and is progressing statutory approvals in preparation for commencement of this drilling.