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Twenty Seven Co. Ltd.
Summary
| Project: | Rover | |
|---|---|---|
| Deposit: | Creasy 1 | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/17/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-4-2020: Twenty Seven Co. Ltd. announces an Exploration/Drilling Update report for its Creasy 1 deposit at the Rover project. Drilling results incl. 3m @ 2.8g/t Au from 56m. With the Australian dollar gold price at an all-time high, TSC Limited (ASX: TS | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ian Warland (Internal) | |
| ABSTRACT: | With the Australian dollar gold price at an all-time high, TSC Limited (ASX: TSC) (“TSC” or “the Company”) is pleased to report the remaining assays, up to 3m @ 2.8g/t Au, have confirmed a large, shallow mineralised gold system has been discovered at the Creasy 1 prospect. Overall, the successful March 2020 RC drilling campaign, which comprised 20 drill-holes for 1,752m in total across the Creasy 1 and Harmonic5 prospects (Figure 1), has reinforced the gold potential at Rover and the benefit of undertaking further work to determine the full extent of the underlying mineralised gold system. The remaining (previously un-announced) assays of 3m composite samples completed for nine drillholes at the Creasy 1 prospect verify that a large, shallow mineralised gold system has been discovered. Notably, the new results from the 2020 RC drilling campaign confirm continuity of mineralisation within focus area 1 and 2 along the Illara shear zone (Figure 2). Significant intercepts from TSC’s 2019 and 2020 campaigns include So far, the highest gold grades appear to occur in the dilation zones, as evidenced by 19RVRC001 which intercepted a large lower-grade envelope of gold 15m @ 3.8g/t Au with high grade gold up to 1m @ 51.2g/t from 54m4 . | |
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