The 100% owned Yarbu Gold Project was acquired by TSC in late 2020, as an early stage Greenfield’s project in a highly prospective areas for Archean gold deposits.

KEY POINTS

  • Yarbu Gold Project located on Marda-Diemals greenstone belt adjacent to Ramelius Resources (ASX: RMS) Marda Gold Project containing 280koz Au JORC 2012 compliant resource.
  • TSC’s Yarbu project is in large, underexplored tenement holding covering the known gold mineralised Clampton Fault.
  • There is clear evidence the Clampton Fault is prospective for Archean shear-hosted gold deposits, as the historical Clampton Mine is south of TSC’s Yarbu Gold Project, Clampton Mine produced 7,800oz Au (9,534t @ 25.4g/t Au) between 1933-50.
  • TSC’s tenements cover 22km long zone of the Clampton Fault, which has very limited historical drilling.
  • Historical drill holes on traverses spaced 4.5km apart testing the Clampton Fault hit 1m @ 1.1g/t Au and 1m @ 0.56g/t Au have never followed up.
  • The Company is planning an extensive geochemistry program focusing on the Clampton Fault and accessory structures to generate drill targets in 2021.

LOCATION

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LATEST ANNOUNCEMENT – 9 May 2022

Multiple large gold-in-soil anomalisms confirmed at Yarbu Gold Project, WA
  • ASX release : Multiple large gold-in-soil anomalisms confirmed at Yarbu Gold Project, WA
  • Auger drilling results confirm gold mineralisation across the three broad areas within the Yarbu Gold Project identified in the 2021 first pass Auger drillng
  • Potential new target area identified in the northern region of the tenement package with a new gold-in-soil result of 92.7 ppb Au
  • New infill Auger results confirms surface anomalism identified in 2021 which is still believed to be associated with fold hinges and fold limbs
  • Areas 1, 2 and 3 confirmed to be anomalous in gold o Area 1 gold-in-soil confirmed with associated arsenic anomalism o Area 2 now 1.4km by 0.7km with coincidental arsenic anomalism o Area 3 confirmed soil-in-soil anomalism but more defuse than the 2021 results o Areas 4 towards the north of the tenement package contains 92.7ppb Au
  • Next step is to follow up Auger anomalisms with Aircore drilling once government approvals are received
  • Yarbu Gold Project is located in a highly prospective location along the Marda-Diemals Greenstone Belt, adjacent to Ramelius Resources (ASX: RMS) Marda Gold Project
Read Latest ASX Announcement on Yarbu Gold Project

RELATED POSTS

SUMMARY PLAN

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REFERENCE

  • 9/5/2022 - Multiple large gold-in-soil anomalisms confirmed at Yarbu Gold Project, WA
  • 29/3/2022 - Completion of follow-up auger drilling at Yarbu Gold Project, WA
  • 16/3/2022 - Follow up drilling to test priority targets at Yarbu Gold Project, WA
  • 12/7/2021 - Large gold-in-soil anomalism identified at Yarbu Gold Project in WA
  • 3/6/2021 - Auger Drilling Campaign Completed at Yarbu Gold Project in WA
  • 16/4/2021 - Review of Historical Soil Data Identifies Gold in Soil Anomalies around Yarbu Gold Project
  • 11/1/2021 - TSC signs sale purchase agreement to expand Yarbu Project
  • 10/12/2020 - Yarbu Gold Project expansion over prospective Marda-Diemals greenstone belt
  • 9/11/2020 - TSC acquires 100% of Mt Dimer, Yarbu and Trident Projects

See ASX releases for more information