Detailed soil sampling completed at the Cumbine Gold Prospect, located within the Lachlan
Copper-Gold Project in NSW. A total of 504 samples were collected and submitted to the
ALSGlobal laboratory in Orange NSW, with all assays now received and processed.
• The sampling has identified a coherent and well-defined +20 ppb Au anomaly extending
over a total strike length of 650 metres.
• Mapping over the Cumbine prospect area has also been completed and has identified a
folded sequence of Devonian felsic volcanic and sedimentary rocks, as well as several iron
and manganese-rich gossanous outcrops.
• An application has been submitted to the NSW Department of Planning, Industry &
Environment seeking approval to drill 12 RC percussion holes for a total of 2,160 metres.
• Down-hole electromagnetic (DHEM) surveys underway on five holes at the Blind Calf Copper
Prospect - results pending.
Talisman Mining Ltd (ASX: TLM, Talisman) is pleased to advise that it has delineated an extensive
and highly prospective gold-in-soil anomaly at the Cumbine Gold Prospect (Cumbine), part of its
Lachlan Copper-Gold Project in NSW.
The 650-metre long soil anomaly was delineated from assay results received from a soil sampling
program completed at Cumbine in early March. Cumbine is located within the central portion of the
Lachlan Project and forms part of Talisman’s joint venture with Peel Mining Limited (ASX: PEX, Peel)
(refer Appendix 1).
A total of 504 samples were collected using a 50m by 25m sample spacing, sieved, and the minus
177-micron fraction submitted to the ALS Global laboratory in Orange NSW for gold and multielement analysis using an aqua regia digest and an ICP-MS finish
All assays have now been received and processed with the results delineating a coherent +20ppb
gold anomaly covering a total strike extent of 650 metres (Figure 1). The sampling has also identified
several smaller anomalies to the east and west of the main or central anomaly.
The main or central anomaly has not been drilled to date and a drilling approval application for a
total of 12 reverse circulation (RC) percussion holes, comprising ~2,160 metres of drilling, has been
submitted to the NSW Department of Planning, Industry & Environment (DPIE). Subject to receiving
DPIE approval, drilling is anticipated to commence prior to the end of the current quarter.
- Forums
- ASX - By Stock
- TLM
- Ann: Large-Scale Gold-in-Soil Anomaly Outlined at Cumbine
Ann: Large-Scale Gold-in-Soil Anomaly Outlined at Cumbine, page-4
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TLM (ASX) to my watchlist
|
|||||
Last
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.08M |
Open | High | Low | Value | Volume |
25.0¢ | 25.5¢ | 25.0¢ | $10.10K | 40.19K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 55874 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.5¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 55874 | 0.250 |
2 | 60000 | 0.245 |
1 | 40000 | 0.235 |
5 | 68695 | 0.230 |
2 | 63333 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.265 | 100000 | 1 |
0.270 | 98058 | 2 |
0.280 | 47059 | 2 |
0.285 | 40000 | 1 |
0.295 | 18000 | 1 |
Last trade - 15.58pm 28/06/2024 (20 minute delay) ? |
Featured News
TLM (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online