Twenty Seven Co. Limited (TSC) is currently exploring for gold and copper across the Company’s Rover project in the Western Australia.
TSC’s Rover Project consists of a large 100% owned group of tenements located in the WA Goldfields, Central Yilgarn district
The area is undergoing a resurgence in exploration with Cobre (ASX:CBE) and St George Mining (ASX: SGQ) actively exploring in the area, with the latter intersecting high grade nickel and copper sulphides at Mt Alexander (1) and Cobre intersecting high grade copper, gold and zinc at its Perrinvale Project (2)
TSC has ~ 460sq.km of tenure covering two parallel linear greenstone belts. The most advanced prospect is Creasy 1 gold on the Maynard Hills greenstone belt. Shallow high grade gold mineralisation was discovered in late 2019 with the inaugural drilling program.
TSC's inaugural drilling campaign in late 2019 discovered shallow high-grade gold at Creasy 1 gold prospect including;
* 1m @ 51g/t Au (19RVRC001) from 54m
* 1m @ 44g/t Au (19RVRC006) from 51m
VMS Potential: The inaugural drilling at Rover also confirmed the VMS potential with shallow high grade gold and silver coincident with anomalous base metals intersected at Harmonic prospect just 500m north of Creasy 1. Significant intercepts include:
14m @ 1.0g/t Au including 2m @ 3.3g/t Au and 21.2g/t Ag from 26m (19RVRC008)
, 9m @ 1.4g/t Au including 1m @ 7.3g/t Au from 58m (19RVRC007)
, 1m @ 1.7 g/t Au from 45m (19RVRC010)
Encouraging zinc anomalism was intersected at Creasy 2 VMS prospect located to the south of Creasy 1. Two RC drill-holes attempted to drill under the Creasy 2 gossan, near the original rock chip sample RVR069, with RC drill-hole 19RVRC016 successfully intersecting a thick zone of highly anomalous zinc including: 24m @ 1825ppm Zn from surface and grades up to 3020ppm Zn in an individual 3m composite sample. Further zinc anomalism was found at depth in the same drill hole, including; 6m @ 2210ppm Zn from 33m.
SGQ: ASX Release dated 9 January 2018
CBE: ASX Release 31 January 202
CEO - Ian Warland at Creasy 1
Creasy 1 drilling
Image short description which will be visible on the back side.
7/08/2020 - Rover tenure extension has several prominent gold targets (ASX Release)
5/08/2020 - Letter to Shareholders - Notice of General Meeting (ASX Release)
5/08/2020 - Notice of General Meeting & Proxy Form (ASX Release)
10/07/2020 - Junior Minerals Exploration Incentive for 2020/21 income yr
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