Announcement Date: 2021-12-06
Announcement Type: Exploration Update
Announcement Code: JORC
Company name: Twenty Seven Co. Ltd.
Project name: Rover
Location: Australia
Commodities: Gold
Highlight: Gold-in-soil sample results incl. up to 420ppb Au
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Twenty Seven Co. Limited (ASX: TSC) (“TSC” or “the Company”) is pleased to report that recent soil results collected from the Rover Gold Project in WA have returned positive results, including a gold-in-soil result of 420ppb along with numerous samples that are above 10ppb Au. A soil sampling program comprising 243 samples was conducted in October 2021 at the Rover Gold Project, with the location of the lines based on the magnetic interpretation and the extensions of the previous soil programs. Initial results from this program both confirm and extend the known gold-in-soil anomalies already identified at Middle Well, Four Corners and Blue Hills. Some isolated and low tenor gold TSC ASX RELEASE 2 anomalies are also of interest due to the geological setting along the Edale Shear given that further south towards Harmoinc and Creasy 1 low tenor gold surface anomalisms identified primary mineralisation at depth. It is important to note that some major discoveries have been made in the Kalgoorlie district beneath weak soil anomalies such as Kanowna Belle (4 million Oz Au – 350m >60 ppb Au-in-soil2 ).
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