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- Twenty Seven Co (TSC) has identified strong gold in soil geochemical anomalies at its Yarbu Gold Project in WA
- Over the past few weeks, TSC geologists digitised historical sampling and drilling results from work undertaken by previous companies
- Significant gold-in-soil geochemistry and associated arsenic and lead was identified, suggesting that Yarbu could contain multiple gold targets that have never been tested by modern exploration
- TSC is now in the process of planning a first-pass auger geochemical sampling program for early May
- Around 660 holes will be sampled to identify any precious metal anomalies
- TSC is up 9.09 per cent on the market, with shares trading at 0.6 cents
Twenty Seven Co (TSC) has identified strong gold in soil geochemical anomalies at its Yarbu Gold Project in WA.
The Yarbu Project lies 80 kilometres northwest of TSC’s Mt Dimer mining lease and Ramelius Resources’ (RMS) 280,000-ounce Marda Gold Project.
Over the past few weeks, TSC geologists digitised historical sampling and drilling results from work undertaken by previous exploration companies.
Data was obtained from the Western Australian Department of Mines, Industry Regulation and Safety.
Significant gold-in-soil geochemistry and associated arsenic and lead was identified, suggesting that the Yarbu Project could contain multiple structural gold targets that have never been tested by modern techniques.
The majority of the surrounding tenure around TSC’s Yarbu Project has been subject to surface geochemical sampling.
Work was previously undertaken by Beacon Minerals (BCN), Polaris Metals and Savage Australian Exploration,with work identifying several large-scale regional soil grids.
TSC is now in the process of planning a first-pass auger geochemical sampling program for early May.
Around 660 holes will be sampled to identify any precious metal anomalies.
TSC is up 9.09 per cent on the market this morning, with shares trading at 0.6 cents at 10:36 am AEST.
