- Twenty Seven Co’s (TSC) drilling crew is arriving to the Rover Project site ahead of a reverse circulation (RC) drilling program
- Drilling will follow up on previous significant results at the project
- The program will include around 33 holes for 1800 metres to test four main areas – Harmonic, Creasy 1, The Red Bush and The Maynard Intrusion
- Additionally, the company is undertaking due diligence for the recent purchase of the Mt Dimer and Trident gold projects
- Twenty Seven Co is currently trading flat at 0.8 cents
Twenty Seven Co (TSC) is getting ready to commence a reverse circulation (RC) drilling program at the Rover Project in Western Australia.
The company said the drilling crew is currently mobilising to site. The RC drilling is following up on previous significant results at the project.
The program will include around 33 holes for 1800 metres to test four main areas- Harmonic, Creasy 1, The Red Bush and The Maynard Intrusion.
At Harmonic, around 1100 metres of RC drilling is planned to test 650 metres along strike which expands on the earlier results. Previous results from this prospect include 10 metres at 1.8g/t gold from 44 metres including one metre at 9.2g/t gold from 46 metres.
Creasy 1 is planned to have 400 metres of RC drilling to test the strike from 19RVRC001, which intercepted 15 metres at 3.8g/t gold from 49 metres including 1 metre at 54g/t gold.
While over at the Red Bush and Maynard targets, drilling will focus on gold-in-soil anomalies that were identified in the recent geochemistry program.
“The team has been planning the next phase of the exploration plan at the Rover Project, which comprises an RC drilling campaign across four priority gold targets including Creasy 1, Harmonic, Red Bush and Maynard Intrusion,” CEO Ian Warland said.
“Moving forward, we are looking forward to an exciting finish to the year which should see our footprint in WA and NSW expand, augmented by a greater understanding of the Rover Project’s gold potential as results from the drilling campaign flow in,” he added.
Additionally, Twenty Seven Co is working on the due diligence on the Mt Dimer and Trident gold projects. The company announced it was going to purchase the two projects earlier this month.
“The company’s geology team is currently progressing due diligence on the Mt Dimer and Trident Gold Projects and we look forward to updating the market as to
progress in that regard,” Ian told the market.
Twenty Seven Co is currently trading flat for 0.8 cents at 1:48 pm AEST.