Taiton Resources Limited (ASX: $T88) has announced the completion of the UltraFine (UF) soil sampling program at the Challenger West project in South Australia. The program covered three prospects and returned results highlighting multi-element anomalism, including gold (Au), across multiple targets. The company's tenement application has also increased the Challenger West footprint to 1,858 km2.
Today's release has confirmed the company's belief in finding a Challenger Gold Mine style mineralisation. The coincident soil sampling result and interpreted structures have given the company added confidence of making a discovery in the region. The Taiton strategy is to have a portfolio of projects that could deliver mineral exploration discoveries of a significant economic scale. The systematic steps the exploration team is executing is now starting to bear fruits. The company is excited to take the next steps in refining our target vectoring with further work in the region imminently. The team has taken time to interpret the UF Soil sampling and they will continue to design the next program of exploration as the current results have been encouraging.
Taiton Resources Limited (ASX: $T88) has identified potential gold mineralisation at the Challenger West project through ultrafine soil sampling. The results have revealed multi-element anomalism coincident with interpreted structures, demonstrating the prospect's potential. In the short term, the company plans to complete infill sampling across areas exhibiting multi-element anomalism to advance the prospects to potentially drill stage testing later in the year. Additionally, reconnaissance sampling programs across other prospects will commence. The company's ambition is to refine target vectoring with further work in the region and update the market with the next exploration program. Taiton Resources aims to uncover potential mineral exploration discoveries of significant economic scale.