TSC Limited (“TSC” or “the Company”) is pleased to confirm the RC drilling team is circa 65% of the way through the planned 1,500m campaign at the Rover Project. Moreover, the first batch of samples, covering seven drill-holes, are already at the laboratory being analysed, and results are expected shortly. Moving forward, the RC drilling campaign is expected to be completed within the next 5-10 days, with the remaining assay results following shortly thereafter.
- The RC drilling team have completed around 65% of the planned 1,500m campaign, which is focused on eight, shallow, VMS targets along the Maynard Hills greenstone belt
- The first batch of samples, covering seven drill-holes, are already at the laboratory being analysed – assay results are expected shortly
- RC drilling is expected to be completed within the next 5-10 days, with the remaining assay results following shortly thereafter
- Encouragingly, the eight discrete bedrock conductors being test-drilled, which were identified after a moving loop TEM (MLTEM) survey , are all strongly conductive – this is a typical geophysical response from sulphide mineralisation
- Exploration planning is ongoing at Creasy 1 and Harmonic Prospects, where a large mineralised gold system has been discovered , as further assay analysis is being conducted on samples taken during the March RC drilling campaign
To recap, the MLTEM survey confirmed the presence of eight strongly conductive, discrete bedrock conductors that are typically expected from VMS-style mineralisation. More significantly, all conductors are generally shallow, ranging from sub-cropping to 90m deep, and located as follows from north-tosouth: two at Creasy 2; one at Creasy 1; one at Red Bush and four further south-east along strike on the Maynard Hills greenstone belt (see picture).
CEO Ian Warland commented: “RC drilling is progressing well and should be finishing up the current VMS-focused campaign shortly, with assay results to follow. The eight bed-rock conductors being drill-tested are compelling targets, since they all delivered geophysical responses consistent with underlying sulphide mineralisation. From a macro perspective, TSC still has a significant forward pipeline of targets at the Rover Project, which highlights the upside potential from gold and VMS focused exploration undertaken so far.”
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