Twenty Seven Co identifies largest and highest magnitude gold soil anomalies to date at Rover

Twenty Seven Co identifies largest and highest magnitude gold soil anomalies to date at Rover

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Twenty Seven Co Ltd (ASX:TSC) (FRA:U9V) has discovered the largest and highest magnitude gold soil anomalies defined to date at its Rover Gold Project following recent soil sampling.  The anomalies are 10 kilometres along strike to the northwest of the main Creasy 1 and Harmonic gold prospects at Rover. Three main gold anomalies have emerged in the new survey area: Blue Hills – a 1.2-kilometre-long anomaly with an extraordinary peak value of 1150 parts per billion gold (1.15 g/t), supported by associated pathfinder metal results including 122 parts per million arsenic and 85 ppm copper; Four Corners – a very extensive and unbroken 4.7-kilometre-long anomaly peaking at 60.5 ppb gold and with numerous samples assaying over 10 ppb gold. Supported by associated pathfinder metals including 182 ppm arsenic and 105 ppm copper; and Middle Well – a cluster of four anomalies extending over 1.2 kilometres of strike with individual features having peak values including 42.9 ppb gold and 32 ppb gold. None of the new anomalies have ever been drill tested and the company is confident they represent new exploration opportunities to complement the existing gold discoveries at the nearby Creasy 1 and Harmonic prospects. “Outstanding discovery opportunities” TSC chief executive officer Ian Warland said: “Our first program of systematic gold exploration on Rover tenement E57/1134, only granted around the start of August 2020, has delivered impressive results. “A major geochemical survey has discovered a series of strike extensive, high magnitude gold anomalies that have never seen any historical drilling." He said: “The newly defined features have a combined strike length of 7.1 kilometres, easily eclipsing the 3-kilometre strike of the geochemical anomalies associated with our nearby Creasy 1 and Harmonic gold discoveries, while the magnitude of the new anomalies is also equal or superior. “The new features, therefore, represent outstanding discovery opportunities to complement our existing finds at Harmonic and Creasy 1.” Additionally, recent auger soil sampling has extended the Harmonic gold anomaly as much as 200 metres further southwest, presenting untested targets deserving of drill testing up dip of the known lodes. The three new targets found in recent soil sampling Blue sky exploration plans The new anomalies represent substantial and exciting blue sky exploration opportunities for TSC as the WA Government GeoVIEW database records no historical drilling anywhere in the vicinity of the soil anomalies, and no evidence of any past drilling was observed in the field during sample collection. Consequently, the company now plans to rapidly progress work on the new targets with the goal of completing maiden drill tests early in the second quarter of 2021. Pre-drilling work will include detailed on-ground prospecting to check for outcropping mineralisation to fine-tune the drill targets, along with putting in place the relevant government approvals required before drilling can commence. Warland said: “We plan to progress these exciting new targets in parallel with undertaken our maiden drilling campaign at Mt Dimer in the early part of 2021.” Detailed modelling of Oct 2020 Harmonic and Creasy 1 drilling data is also planned in the near-term.

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