Tambourah has struck gold at the World’s Fair prospect after reporting above 8g/t gold. Pic: via Getty Images.
Mining
Special Report: First assay results from Tambourah Metals’ RC program at the World’s Fair prospect, part of its namesake Pilbara project, have returned up to 8.6g/t gold.
Review of old data by Tambourah Metals (ASX:TMB) has generated several targets at the project, which hosts over 30 historical gold workings.
A promising drill campaign in 2022 at five of these prospects – Tambourah King, Western Chief, Western Chief south, Federal and Kushmattite – returned several promising hits.
Earlier this month, TMB recorded the strongest mineralised intercept ever at the project; 5m at 6.1g/t gold from 69m (including 1m at 28g/t gold from 70-71m) at the Tambourah King prospect.
This new RC drilling program was also designed to test high priority gold targets at the World’s Fair prospect – where mining was completed in the 1890s – with nine RC holes for 1,388m completed.
Initial assay results from World’s Fair include:
The results confirm the continuity of the high-grade gold mineralisation at the project, and its potential to host high-grade gold mineralisation throughout the 30 historic gold prospects.
Mining license applications are progressing at the Tambourah goldfield, and an ongoing heritage survey will pave the way for further work.
TMB also intends to incorporate 3D modelling of the recent drilling at the project into the existing drill data.
Assays are also pending for a recently completed RC drilling program designed to test for lithium-bearing spodumene pegmatites at Tambourah North.
This article was developed in collaboration with Tambourah Metals, 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.
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