- Twenty Seven Co (TSC) has reported high-grade gold results from its drilling program at the Creasy 1 prospect
- Six out of the planned seventeen hole campaign have been completed
- Stand-out shallow high-grade assayed intersection results include 3 metres at 20.1g/t gold from 51 metres down hole
- Drilling is continuing at Creasy 1 and will then move along the strike to Creasy 2
- TSC is up 20 per cent on the market and trading at 0.6 cents apiece at 11:51 am AEDT
Twenty Seven Co (TSC) has reported high-grade gold results from its inaugural reverse circulation (RC) drilling at the Creasy 1 prospect, within the Rover Project.
Six out of the planned seventeen hole campaign have been completed with each having anomalous gold results. Drilling is continuing at Creasy 1 on schedule and then TSC will move along the strike to Creasy 2.
The stand-out shallow, high-grade assayed intersection results from the RC drilling campaign include 3 metres at 20.1g/t gold from 51 metres down hole and 3 metres at 14.8g/t gold from 57 metres down hole.
Notably, these results are higher than historic economic gold intercepts up to a maximum of 3 metres at 1.9 g/t of gold from 53 metres.
CEO Ian Warland is impressed with the geology team’s efforts in identifying gold drill targets and with results that exceeds expectations.
“This is a very exciting and transformative development for TSC, more so, as we are only part way through the current drilling campaign,” Ian said
“Overall, we are extremely pleased with the successful start to the current RC drilling campaign and look forward to announcing further results as they come to hand,” he added.
The Rover Project is located approximately 70 kilometres south-east of the prospective Sandstone greenstone belt in W.A., which has produced around 1.3 million ounces of gold.
TSC is up 20 per cent on the market this morning, trading at 0.6 cents apiece at 11:51 am AEDT.