Twenty Seven Co (ASX:TSC) - CEO, Simon Phillips
CEO, Simon Phillips
Source: Twenty Seven Co
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  • Twenty Seven Co. (ASX:TSC) gears up to begin drilling and geochemical sampling programs at the Rover Gold Project in Western Australia from next week
  • TSC is planning 31 reverse circulation holes over 2000 metres and will focus on the Blue Hills, Four Corners, Harmonic and Creasy 1 prospects
  • The work will also test recent gold-in-soil results where a 1.15 grams of gold per tonne (g/t) sample has been recovered
  • Shares are trading in the grey at 0.5 cents each at 10:48 am AEDT

Twenty Seven Co. (TSC) is set to kick off drilling next week at its wholly owned Rover Gold Project in Western Australia.

The company is planning to drill 31 reverse circulation (RC) holes as part of a 2000-metre program focused on the Blue Hills, Four Corners, Harmonic and Creasy 1 prospects, which it considers highly prospective.

In particular, drilling will test below and along strike of Harmonic and Creasy 1, and test recent gold-in-soil results where a 1.15 grams of gold per tonne (g/t) sample has already been recovered.

Notably, the company said new geochemical anomalies at Blue Hills and Four Corners had never been drill tested and represented a strong opportunity for Greenfield discoveries.

Further, and concurrently with drilling, TSC said a roughly 300-sample geochemical program would be undertaken to further extend gold-in-soil anomalism along the Edale Shear Zone, towards the north of current geochemical sampling.

Twenty Seven Co CEO Simon Phillips commented on the announcement.

“We are delighted to be commencing drilling at our Rover Gold Project, with the program set to test several of the largest and highest magnitude gold-in-soil anomalies defined to date at Rover,” he said.

“We will also be testing along strike from encouraging results at Harmonic and Creasy, which will give us a better understanding of the potential scale of this mineralised system.”

Mr Phillips said Rover was located at a highly sought-after exploration address that gave company a large strategic footprint in the Central Yilgarn, prospective for Archean gold deposits.

“Previous work has already defined [a] significant gold system from surface at the Harmonic and Creasy 1 prospects, so we are eager to get this next phase of exploration underway,” he said.

Looking ahead, TSC said it would plan further drilling once assays from Rover had been returned from the laboratory.

Meanwhile, the company is also planning iron-oxide-copper-gold drilling within the Midas tenement in New South Wales.

Shares are trading in the grey at 0.5 cents each at 10:48 am AEDT

TSC by the numbers
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