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.

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.

REFERENCE

TSC ASX 10 December 2020: Yarbu Gold Project expansion over prospective Marda-Diemals greenstone belt.

LOCATION

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SUMMARY PLAN

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