Exploration efforts in Tennant Creek

Tennant Minerals (ASX:TMS) has announced the start of a new drilling program at its Barkly Project in the Northern Territory. Focused on the 5km Bluebird-Perseverance Ironstone Corridor, the initiative aims to discover additional copper and gold deposits. The company plans to use two drilling rigs to explore three high-priority targets. Drilling is scheduled to commence on November 15th, with initial results anticipated by year-end.

Outlook and strategic goals

Tennant Minerals is set to advance its exploration efforts with the launch of a drilling program at the Barkly Project. The focus is on extending known copper and gold zones, exploring near-surface gold, and investigating a gravity-magnetic target. The company aims to build on recent successful surveys and establish significant new deposits in the Tennant Creek Mineral Field. With a cautious approach to forward-looking statements, Tennant Minerals is committed to enhancing their exploration portfolio and resource base, guided by geophysical and geochemical data.

Executive insights on exploration

The significance of the Bluebird discovery is substantial, with potential to be one of the most important finds in the Tennant Creek area in decades. Our strategy is to expand known mineralization and explore new high-priority targets.