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Tambourah Metals (ASX: $TMB) completes first drilling at Cheela gold project

Tambourah Metals Ltd (ASX: $TMB) completes maiden aircore drilling at Cheela Gold Project


Tambourah Metals Ltd (ASX: $TMB) has completed the maiden aircore drilling program at the Cheela Gold Project in the Ashburton region of Western Australia. The company received assay results for 5 of the 11 holes, with the best result in CHAC003 (5m at 1.1g/t Au from 33m) associated with an extensive sub-horizontal gold anomaly open along strike. The drilling program targeted significant gold intersections in wide-spaced historic drilling, with a total of 11 aircore holes completed for 769m over a strike distance of about 90m.

Executive Commentary on Cheela Gold Project


We are delighted to have completed the maiden aircore drilling program at Cheela that has confirmed extensive shallow gold anomalism reported from wide spaced historic drilling. On receiving assay results for the remaining 6 drill holes, we will plan follow up RC drilling targeting the deeper high-grade intersection in ARB1222 and underlying structures.

Summary of Cheela Gold Project Announcement


Tambourah Metals Ltd (ASX: $TMB) has successfully completed the maiden aircore drilling program at the Cheela Gold Project, with assay results confirming a persistent shallow gold anomaly associated with significant historic drill intercepts. The company plans to follow up with RC drilling targeting the deeper high-grade intersection in ARB1222 and other identified primary targets related to underlying structures. Tambourah Metals is progressing exploration programs on multiple fronts, including developing new Lithium projects in the Pilbara, targeting nickel sulphides at Achilles, collaborating with CSIRO, and assessing Lithium pegmatites at Russian Jack. The company's forward-looking statements indicate its intentions to continue future exploration activities, with a focus on developing critical minerals in Western Australia.

TAMBOURAH METALS LTD
TMB | ASX | Materials
0.0560(+0%)
At close 05/07 (AEDT)
Market cap
$4.6M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.39
1YR Return
N / A

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