Announcement Date: 2022-08-17
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Tennant Minerals Ltd.
Project name: Tennant Creek
Location: Australia
Commodities: Gold,Copper
Highlight: Drilling results incl. 63.0m @ 2.1% Cu, 4.6g/t Au from 153.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Northern Territory focused copper-gold explorer, Tennant Minerals Limited (ASX: TMS) (“Tennant” or “the Company”) is very pleased to announce it has received the assay results from the first hole (BBDD0012) of the six-hole Stage 1 diamond drilling program0 recently completed at the Bluebird copper-gold discovery. BBDD0012 returned a thick intersection of high-grade copper and gold (see cross section Figure 1, longitudinal projection, Figure 2 and Table 1 for all significant intersections) which included Bluebird is located within the Company’s 100% owned Barkly Project in the Northern Territory at the eastern edge of the Tennant Creek (copper-gold) Mineral Field (TCMF), which has produced over 5Moz of gold and over 500kt of copper from 1934 to 2005 (see location, Figure 3). The six-hole (1,700m) Stage 1 follow-up diamond drilling program (details, see Table 2) was designed to scope out and expand the footprint of the recently discovered high-grade copper-gold zone at Bluebird. All six diamond drillholes intersected intense hematite alteration with visible copper mineralisation including malachite and/or chalcocite (copper sulphide) and native copper (see descriptions, Appendix 1).
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