Join our daily newsletter At The Bell to receive exclusive market insights
- Tambourah Metals (TMB) receives results from the first three holes drilled at the Tambourah King prospect within its namesake project in Western Australia
- In March, more than 2500 metres of reverse circulation drilling was undertaken at the Tambourah King, Western Chief, Western Chief south, Federal and Kushmattite prospects
- Up to 9.8g/t gold has been intersected so far and future drilling programs will be undertaken to define the size of the mineralised shoots
- Results are pending for a further 20 holes and will be reported on in due course
- Tambourah ends the day in the grey with shares trading at 18 cents
Tambourah Metals (TMB) has received results from the first three holes drilled at the Tambourah King prospect within its namesake project in Western Australia.
In March, 2527 metres of reverse circulation drilling was undertaken at the Tambourah King, Western Chief, Western Chief south, Federal and Kushmattite prospects which lie along strike and beneath historical workings.
The samples were assayed at ALS Perth using 50 gram fire assay.
Results from the three holes include one metre at 9.8g/t gold, nine metres at 6.46g/t gold and 22 metres at 2.83g/t gold.
Mineralisation remains open in all directions and future drilling programs will define the size of the mineralised shoots.
Results are pending for a further 20 holes and will be reported on in due course.
“Tambourah Metals is pleased to announce the first drill results from our 2527 metre drill program, which was completed in March 2022,” Executive Chairperson Rita Brooks said.
“The assay results from the first three holes at the Tambourah King prospect have identified significant mineralisation along strike and under known gold workings and the drill results highlight that gold-bearing quartz veins have been confirmed in previously undrilled locations.
“These first results from three holes are from one of the five gold prospects that have been drilled and results of the remaining drilling at the prospects are being processed.”
Tambourah has ended the day in the grey with shares trading at 18 cents.
