Tambourah Metals targets larger gold system at King lode with high-grade drilling results

Small Caps11-25 11:52

Tambourah Metals (ASX: TMB) will fast-track follow-up activities on new gold zone holes confirmed in quality assay results received from the first of five diamond holes at its Tambourah gold project ...

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class=\"title\">\nTambourah Metals targets larger gold system at King lode with high-grade drilling results\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-25 11:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://smallcaps.com.au/tambourah-metals-larger-gold-system-king-lode-high-grade-drilling/><strong>Small Caps</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tambourah Metals (ASX: TMB) will fast-track follow-up activities on new gold zone holes confirmed in quality assay results received from the first of five diamond holes at its Tambourah gold project ...</p>\n\n<a href=\"https://smallcaps.com.au/tambourah-metals-larger-gold-system-king-lode-high-grade-drilling/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DEG.AU","symbol_name":"DE GREY MINING 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quartz/sulphide veins at depths of 58.35 metres and 69.64m.The high-grade veins identified at Tambourah straddle a lower-grade but continuously mineralised zone extending over a downhole width of 15.1m.Executive chair Rita Brooks said the zone has the potential to indicate a larger structurally controlled system that remains largely untested by drilling.The results highlight the potential for exceptional gold grades associated with the quartz vein lode system at Tambourah, extending and confirming historical results.De Grey Mining’s  Hemi deposit is a prime example of this significant","collect":0,"end_time":0,"defaultTopTitle":"smallcaps.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"DEG.AU":"DE GREY MINING LTD","BK7095":"多种金属与采矿","BK7104":"黄金","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","BK4504":"桥水持仓","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) 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– drilled as a diamond twin to Tambourah’s earlier reverse circulation (RC) drill hole TBRC00261, which intersected significant gold mineralisation – intersected two heavily mineralised quartz/sulphide veins at depths of 58.35 metres and 69.64m.\nThe high-grade veins identified at Tambourah straddle a lower-grade but continuously mineralised zone extending over a downhole width of 15.1m.\nLarger system\nExecutive chair Rita Brooks said the zone has the potential to indicate a larger structurally controlled system that remains largely untested by drilling.\nThe results highlight the potential for exceptional gold grades associated with the quartz vein lode system at Tambourah, extending and confirming historical results.\n“The maiden diamond drilling (DD) at the Tambourah King lode confirms the mineralisation is at a relatively shallow depth and the structural information derived from this initial DD campaign will assist in targeting down-dip and down-plunge extensions to the gold mineralisation.”\nStrong end to the year\nThe Tambourah gold drilling is part of what looks to be a strong end to the year, with the company cashed up to take the next steps after recently receiving binding commitments for a placement of up to $330,000, plus an additional $45,000 from the board and management.\nThe company’s cash position was $2.18 million as of 30 September 2024.\nSubsequent to the end of the quarter, the company received further backing through a $180,000 grant from the WA government that is being used to support the company’s exploration concepts at the Alexandria prospect within the Tambourah King project.\nNew mineralisation\nOne area the company is excited to follow up on is a new intrusion-related style of mineralisation identified at its World’s Fair site.\nIf proven, this mineralisation has the potential to significantly increase the scale of the Tambourah project.\nDe Grey Mining’s (ASX: DEG) Hemi deposit is a prime example of this significant new play in the Pilbara region.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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