Twenty Seven Company (TSC) has progressed its exploration work on a 12 kilometre prospective gold strike within its priority, 100 per cent-owned, Rover Project in the West Australian goldfields.
|BIF along Twenty Seven Co’s 12km strike Rover gold target in central WA|
Works at the Rover Project located approximately 70 kilometres to the south east of Sandstone, where the Sandstone greenstone belt has delivered around 1.3million ounces of gold, are well underway and tracking ahead of schedule.
TSC’s geology team’s primary focus for the Rover Project is gold (Au) followed by nickel (Ni) and copper (Cu) in two extensive Archean greenstone belts that span the length of the tenure.
Of several targets already identified by TSC, the 12-kilometre-long shear zone – which hosts Creasy 1 & 2 prospects and several other historic gold anomalies – remains the priority for immediate exploration.
With the decision taken to expedite the exploration program for the Rover Project, the geology team visited site in early July to commence field work.
The fieldwork undertaken focused on a portion of the 12-kilometre prospective gold strike extending south of Creasy 1 to Creasy 2. Creasy 1, which is within the recently acquired extended area that is still under application, contains historic gold intercepts up to 6 metres @ 1.37g/t Au from 18 metres (MHC053) and 3 metres @ 1.94g/t Au from 53 metres (MHC038).
All the fieldwork carried out by the geology team comprised mapping, infill soil and rock chip sampling designed to identify the most prospective areas along the mineralised shear zone for test drilling.
Extensive outcropping banded iron formation (BIF), potentially coincides with gold anomalies in historic regional soil samples. Consequently, the geology team collected several gossanous BIF samples which have been submitted to the laboratory for analysis.
CEO Ian Warland sais that with the fundamentals for the gold sector remaining robust, the Company decided to bring forward the Rover Project visit and accelerate the exploration program.
“At site, the geology team focused on priority gold targets along the 12-kilometre prospective gold strike between the Creasy 1 & 2 prospects which could potentially be defined for drill testing.
“Encouragingly, the Rover Project delivers material exploration upside, as we have identified a large prospective corridor, with significant scale potential, that has remained under-explored over the past 15 years.”