The 100% owned Yarbu Gold Project was acquired by TSC in late 2020, as an early stage greeenfield’s project in a highly prospective areas for Archean gold deposits.
LATEST ANNOUNCEMENT – 16 April 2021
Twenty Seven Co. Limited (ASX: TSC) (“TSC” or “the Company”) is pleased to report that the collation and review of historical soil geochemistry, coupled with the reprocessing of open file historical geophysical surveys1, has confirmed the presence of favourable structural settings at TSC’s 100%-owned Yarbu Gold Project (“Yarbu”) which warrant first-pass exploration investigation.
As part of the ongoing exploration of Yarbu, the Company’s geologists have spent several weeks digitizing historical geochemical sampling and drilling undertaken by previous exploration companies across the Yarbu tenement package and surrounding areas. Historical data has been obtained in this regard through the Western Australian Department of Mines, Industry Regulation and Safety (DMIRS) WAMEX Mineral Exploration Reporting website.
Significant regional historical gold (Au) in soil geochemistry as well as associated Arsenic (As), and Lead (Pb) corresponds to gold mineralisation identified in historical drilling, suggesting Yarbu could contain multiple structural gold targets that have never been tested by modern geochemical techniques.
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