Taruga Minerals spots more shallow lead and silver mineralisation at Thowagee

• TAR flags shallow mineralised lead/silver trends in Thowagee soil sampling
• Polymetallic project hosts two historic mining areas of note
• Newly identified southern gold anomaly interpreted as sub-parallel structure to mineralisation of historical workings
• Company plans to further expand exploration to potentially delineate drill targets

Special Report: Taruga Minerals says soil sampling at its Thowagee polymetallic project in WA has identified mineralised trends under shallow cover for further exploration.

Thowagee includes two sites of historic mining (Thowagee Mine and Thowagee Bore) with high-grade polymetallic mineralisation occurring in outcropping veins and gossans.

The project also recently returned a high-grade silver hit of up to 170g/t. And this latest soil sampling has expanded the prospective project area, highlighting the high-grade lead/silver dominant mineralisation.

Plus, gold geochemical assays included a high of 92ppb, with a distinct NE-SW trend emerging and aligning with an interpreted shear zone adjacent to the main Thowagee workings.

Taruga Minerals (ASX:TAR) will expand on the soil and rock chip sampling programs, with the aim of uncovering more anomalous mineralisation trends adjacent to historical workings, and expanding the strike of the known workings trend.

Lead, silver, gold all in one

The company will continue with soil sampling and geophysics to identify the most prospective targets for potential future drilling.

“The completed soils program clearly demonstrates lead as a dominant signature at Thowagee, highlighting the new mineralisation trends that exists under cover, and which extend outside the limits of the grid and which require follow up,” TAR director David Chapman said.

“The gold in soils anomaly identified to the south of Thowagee, is coincident with a strong linear feature in magnetics which is interpreted as a structure with orientation sub-parallel to the lead-silver mineralisation in the historical Thowagee workings.

“Once again, the field work completed by Taruga is demonstrating the potential for a larger mineralised system than historical records suggested, with strongly anomalous base and precious metals identified in this early work, and with further work programs planned.”

Taruga is also working to exercise its option to acquire 100% ownership of the project, which compliments the existing application portfolio that now consists of 416.5km2 of contiguous acreage in the Northern Gascoyne province of WA.

This article was developed in collaboration with Taruga Minerals, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.