- Twenty Seven Co (TSC) has successfully completed auger drilling at its Yarbu Gold Project in Western Australia
- All up, 662 auger holes were drilled to analyse historical data and begin modelling geochemical anomalies
- Samples will be assayed at Lab West in Perth and full results are expected by the end of June
- Once received, TSC will use the results to plan further drilling programs at Yarbu
- TSC has ended the day a healthy 25 per cent in the green with shares trading at 0.5 cents
Twenty Seven Co (TSC) has successfully completed auger drilling at its Yarbu Gold Project in Western Australia.
The Yarbu Project lies 80 kilometres northwest of TSC’s Mt Dimer mining lease and Ramelius Resources’ (RMS) 280,000-ounce Marda Gold Project.
All up, 662 auger holes, for 987 metres, were drilled with samples currently at the laboratory undergoing analysis.
Samples will be assayed at Lab West in Perth, and full results are expected by the end of June.
The aim of this drilling program was to analyse historical data and begin modelling geochemical anomalies.
Once received, TSC will use the results to plan further drilling programs at Yarbu.
“The data received from this program will provide us with a detailed level of insight into what is a largely underexplored part of the Marda-Diemals Greenstone Belt,” CEO Simon Phillips said.
“The main focus at Yarbu now is for our geology consultants to use this data to determine geochemical anomalies that may warrant further follow up exploration,” he added.
TSC is now planning further exploration at the Mt Dimer Gold-Silver Project and identifying new drill targets at the Rover Gold Project.
TSC has ended the day a healthy 25 per cent in the green with shares trading at 0.5 cents in a $10.64 million market cap.