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- Twenty Seven Co (TSC) receives assay results from its first pass rock chip sampling program at the Trident Project in NSW
- All up, 152 rock chip samples were taken from the northern portion within areas of historically reported anomalous copper, gold, tin and other elements
- Overall, up to 1.27 parts per million (ppm) gold, nine ppm silver, 7050 ppm lead and 17.60 per cent copper was encountered
- TSC now intends to plan further geochemical sampling around the results and submit selective samples for rare earth element (REE) analysis
- Shares in TSC are steady on the market and are trading at 0.5 cents
Twenty Seven Co (TSC) has received assay results from its first pass rock chip sampling program at the Trident Project in New South Wales.
All up, 152 rock chip samples were taken from the northern portion within areas of historically reported anomalous copper, gold, tin and other elements.
The aim of this program was to target copper and gold mineralisation as well as confirm historical lithium samples taken by previous explorers.
This work also aimed to help TSC build its understanding of the geology, mineralisation potential and the mineralisation pattern.
Overall, up to 1.27 parts per million (ppm) gold, nine ppm silver, 7050 ppm lead and 17.60 per cent copper were encountered.
These results confirm the potential for iron-oxide copper-gold (IOCG) mineralisation at Trident. =
CEO Simon Phillips said the company is pleased with the results.
“We are pleased with these early results from our sampling at Trident which confirm the highly prospective multi-element nature of the project,” Mr Phillips commented.
“We are very encouraged by the strong copper, gold and tin mineralisation identified. The Trident Project remains significantly underexplored and we believe we are only scratching the surface in terms of the mineralised potential of this region.
“We look forward to the TSC geological team following up these results with further work early in the new calendar year.”
TSC now intends to plan further geochemical sampling around the results and submit selective samples for rare earth element (REE) analysis.
Additionally, the company will begin drilling key anomalies at the Rover Project and begin drilling at the Midas Project in February.
Shares in TSC were steady on the market and were trading at 0.5 cents at 11:37 am AEDT.
