Tennant Minerals (ASX:TMS) reports its recent drill program has doubled the strike length of the Bluebird Copper-Gold discovery within its Barkly Project in the Northern Territory.
The $28.09 million market capitalisation company says the latest stage 3 drilling program has produced ‘high-grade’ results, including drillhole BBDD0026 with 5m @ 38.6g/t Au and 6.1% Cu from 142.7m, including 2.25m @ 64g/t Au and 9.57% Cu.
These results are part of an ‘exceptional’ gold and copper intersection in drillhole BBDD0026 of 17.95m @ 11.08g/t Au and 2.66% Cu from 131m downhole, including 15.9m @ 12.45g/t Au and 2.91% Cu from 131.8m.
Drilling has also intersected thick zones of intense copper mineralisation at shallower depths to the east of the previously drilled zone, effectively doubling the strike length of the Bluebird mineralisation to 500m and extending the zone to within 60m of surface.
Commenting on the drill results, Tennant Minerals Board says: “Apart from the high copper and gold grades intersected, our drilling has also doubled the strike length of the Bluebird deposit and extended the mineralised zone to shallow depths, highlighting the potential for initial open-pit mining.
“our drilling has also doubled the strike length of the Bluebird deposit and extended the mineralised zone to shallow depths”
We look forward with great anticipation to continued assay results from the other thick zones of mineralisation intersected in the latest program, as well as modelling of the IP resistivity results that are demonstrating potential for multiple Bluebird look-a-likes within our Barkly Project.”
Tennant Minerals presented at the Noosa Mining Investor Conference this afternoon, which runs today, Thursday, and Friday (19 July to 21 July 2023).
The company notes the mineralisation remains open in all directions.
Bluebird is located within the company’s wholly owned Barkly Project in the Northern Territory, Australia.
Tennant Minerals is a gold and copper exploration company located in the Tennant Creek area of the Northern Territory. The company is focused on its Barkly and Babbler copper-gold projects.
Write to Aaliyah Rogan at Mining.com.au
Images: Tennant Minerals Ltd
