Tambourah Metals uncovers high grade gold at namesake project, drill planning underway
Tambourah Metals is awaiting assays from a larger follow-up rock chip sampling program completed in September.
Rock chip sampling at Tambourah Metals’ (ASX: TMB) namesake project in Western Australia’s Pilbara has uncovered up to 33.4 grams per tonne gold with planning for a drill program underway.
All-up 16 rock chip samples were collected from the central corridor of Tambourah with the aim of infilling and extending areas of known mineralisation.
Four of the samples returned anomalous gold with grades ranging from 0.315g/t to 33.4g/t.
The samples also contained numerous elected indicators associated with gold alteration elements.
Tambourah described the results from the initial program as “highly encouraging”.
Assays pending
A follow up field program was undertaken at the project last month.
During this program, 58 rock chips were collected from quartz veins and alteration halos across the project areas.
Assays from this program will feed into modelling work on the project.
Advancing Tambourah gold project
The September field program also identified several sites along strike from historic workings that are drill ready targets with potential extensions to known mineralisation.
To prepare for drilling these targets, Tambourah has completed heritage agreements, begun a program of works as well as drill rig procurement and reviewing existing high-quality airborne magnetic survey data.
The company plans to undertake further rock chip sampling, mapping and soil sampling while compiling and assessing historic data.
In 2019 Baracus carried out a 1,000m drilling program at Tambourah, with notable results of 1m at 5.49g/t; 10m at 5.13g/t gold; and 5m at 3.81g/t gold.
Other historic exploration at the project uncovered 10m at 10.6g/t gold, including 8m at 13g/t gold; 1m at 7.1g/t gold; and 1m at 6g/t gold.
ASX debut and project portfolio
Tambourah made its ASX debut in August after raising $8 million in an IPO.
The company also owns the Cheela gold project near Paraburdoo in the Pilbara.
Another project is Achilles in WA’s eastern goldfields. Achilles is prospective for gold, nickel, copper and platinum group elements.
Tambourah has an 80% interest in Julimar North which is only 30km from Chalice Mining’s (ASX: CHN) famed Julimar discovery.
Kelvin Fox has joined Tambourah as exploration manager to oversee its exploration activities.