Riversgold WA gold project

Riversgold in ‘rapid progress’ at Tambourah Lithium Project in WA

Riversgold Limited (ASX:RGL) reports ‘rapid progress’ at the company’s 100% owned Tambourah Lithium Project in Western Australia, with the Bengal prospect expanded twofold.

The company reports that at the Bengal prospect it uncovered another two lithium-bearing, pegmatite veins identified in outcrops with the same orientation as the original three veins identified in April.

Riversgold reports that this expands the Bengal prospect to five parallel veins over a width of about 650m between parallel veins and a length of 400m from the tenement boundary.

The company has now completed an extensive geochemical sampling program

The company has now completed an extensive geochemical sampling program and a deep ground penetrating radar (DGPR) orientation field program. The DGPR program was designed to identify the depth and strike extent of pegmatite systems.

Riversgold reports that pXRF analysis and DGPR results are currently being processed and evaluated with results expected in mid-August 2022.

Riversgold is an ASX-listed exploration company with a lithium-focused strategy in the world-renowned Pilbara and Yilgarn cratons in Western Australia.

In 2022, the company acquired a suite of four lithium-prospective exploration tenement applications covering 164km-square in the Pilbara region.

The key Tambourah Project is underexplored and has the potential to host a major lithium-caesium-tantalum system much like the nearby Pilgangoora and Wodgina deposits.

The Riversgold portfolio also offers strong exposure to gold and nickel through its large landholding at the Kurnalpi Project in the Yilgarn.

Images: Riversgold Limited
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Written By Adam Orlando
Mining.com.au Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.