Rover Project

Twenty Seven Co. Limited (TSC) is currently exploring for gold and copper across the Company’s Rover project in the Western Australia.

KEY POINTS

  • TSC’s Rover (E57/1085) Project is located ~70km south-east of the Sandstone greenstone belt in WA, that has produced around 1.3Moz of gold
  • Historically the area is underexplored for and is currently undergoing a resurgence in exploration.
  • St George Mining’s (ASX: SGQ) intersected 1.9m @ 7.42% Ni, 3.45% Cu and 0.23% Co in January 2018 (1) and continue to intersect high grade Ni-Cu-Co sulphides at the nearby Mt Alexander Project, including massive sulphides at Investigators Prospect (2)
  • Of several targets already identified by TSC’s geology team, the 12km long shear zone – which hosts the Creasy 1 & 2 prospects and several other historic gold anomalies – remains the priority for immediate exploration
  • While the geology team’s primary focus is gold, the Rover Project is prospective for other styles of mineralisation including Archean VMS base metal deposits and komatiitic nickel copper deposits within the two Archean greenstone belts that span the length of the tenure. During the review period, TSC confirmed nickel anomalism at the Christmas Pool and Cook Well Bore targets (Figure 4). The region is well known for its nickel-copper potential, as the Rover tenement is ~40km north-west of St Georges Mining’s (ASX: SGQ) high-profile Mt Alexander Project.

Reference:

  1. SGQ: ASX Release dated 9 January 2018
  2. SGQ: ASX Release dated 23 July 2018
  3. TLM: ASX Release dated 12 March 2018
  4. USA: ASX Release dated 21 June 2018
Twenty Seven Co - Rover Location Map Aug 2019

Figure 1 (click to expand)