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Twenty Seven Co. Ltd.
Summary
| Project: | Rover | |
|---|---|---|
| Deposit: | Creasy 1 | |
| Location: | Australia | |
| Commodities: | Gold-Zinc | |
| Date: | 1/13/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-1-2020: Twenty Seven Co. Ltd. announces an Exploration/Drilling Update report for its Creasy 1 deposit at the Rover project. Drilling results incl. 2m @ 26.2g/t Au from 57m. TSC Limited (ASX: TSC) (“TSC” or “the Company”) is pleased to report standout | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ian Warland (Internal) | |
| ABSTRACT: | TSC Limited (ASX: TSC) (“TSC” or “the Company”) is pleased to report standout shallow gold grades, up to 51.2 g/t Au, were returned from 1m assays for seven (out of 17) RC drill-holes re-assayed to date. The upshot, from drilling down to 1m sample resolutions, is generating a material increase in gold grade, that indicates potential for several narrow high-grade gold veins within the Illara shear zone. Further, assay results for the two RC drill holes at Creasy 2 confirmed strong potential for VMS style mineralisation, with drill-hole 19RVRC016 intersecting a wide zone of highly anomalous zinc from surface. CEO Ian Warland commented: “The new assays have delivered TSC bonanza gold grades, with up to 51.2 g/t Au clearly verifying that we have discovered significant high-grade shallow gold mineralisation at Creasy 1. In an exciting complementary development, assays from Creasy 2 and Harmonic prospect, verify strong potential for a VMS system within the Rover Project. A second, more comprehensive, RC drilling campaign to further define the underlying gold/VMS mineralisation is planned. We look forward to informing shareholders of progress as we ramp up TSC’s exploration campaign.” | |
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