Nice leaker.
Rover tenure extension has several prominent gold targets
• The newly granted tenement at the Rover Project, which increases the footprint by
80% to 461km2, contains three historic gold targets:
o Anomaly 1: comprises a 2.7km long gold in soil anomaly with rock chips up to
0.82g/t Au;
o Anomaly 2: a 400m long gold in soil anomaly; and
o Four Corners Quartzite: a 2km long prominent ridge of mapped quartzite outcrop,
with similarities to Creasy 1 and Harmonic prospects
• TSC’s geology team has already started field mapping and sampling work on the new
tenement, with the initial focus on the historic gold anomalies
• More broadly, the new ground, which expands the tenure to the north-west, covers a
material portion of the Cook Well and Maynard Hills greenstone belts:
o this provides TSC significant potential exploration upside for Archean gold and
volcanic massive sulphide (VMS) style mineralisation following the discovery of
gold-copper anomalism at the Creasy 2 prospect1
• To recap, the Maynard Hills greenstone belt on the eastern boundary, which includes
the 20km prospective gold strike, has demonstrable known shallow economic gold
intercepts at Creasy 1 and Harmonic prospects1
• On the western boundary, the largely unexplored Cook Well greenstone belt, which
extends from Sandstone’s gold region through to Cobre’s Perrinvale Project,
contains known nickel targets and is now clearly prospective for VMS anomalism
CEO Ian Warland commented:
“This is an exciting development for TSC as the tenure extension nearly doubles the size of
the Rover Project and materially enhances the exploration upside for gold and base metal
mineralisation. More significantly, we have three historic gold in soil anomalies along the
Maynard greenstone belt that require follow-up. Encouragingly, we see evidence for the
continuation of the Illaara shear zone into the new ground, which hosts the gold-focused
Harmonic and Creasy 1 prospects further south in TSC’s existing ground holding. Moving
forward, we will leverage the significant learnings gained from TSC’s successful exploration
program so far, as initial field work commences on the new ground.”
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