STTCOMP TSC, FA LONG
MarketCap $6.1M
Shares981.1M
SP$0.006
Overview
TwentySeven Co. Limited (TSC, formerly Uranium SA Limited) is involved in theexploration and development of uranium and other minerals in South Australia. TSCappears to be in a Medium-term rally confirmed by multiple indicators. Mostimportantly, the 5-day moving average is above the 50-day moving average andthe 20-day moving average is rising.
This news ignited the company’s share price inmorning trading as it spiked 50% to match the previous 12 month high struck inAugust when the company announced that it had identified copper-gold VMS stylemineralisation within the Rover Project.
Discussing the definition of a new copper soilanomaly, along with early commentary on the current drilling program, chiefexecutive Ian Warland said, “The drilling team are making solid progress, andwith five holes now complete at Creasy 1 we are 25% through the currentcampaign.
‘’The first batch of samples have already beendispatched to the laboratory, which should be turned around shortly.‘’In an exciting development, the geology teamoutlined a new copper anomaly just north of Creasy 1 following recent portableXRF soil traverses.
‘’As this part of Creasy 1 has never been subjectto drilling, we plan to test this new target area as part of the currentprogram.”
The predetermined priority areas (see below) fordrilling were along the 20 kilometre gold strike (part of the Maynard Hillsgreenstone belt) on the eastern boundary including Creasy 1, and 20 kilometressouth of Creasy 1 at Creasy 2 where the objective is to test new gold/VMStargets.
https://finfeed.com/small-caps/mining/tsc-surges-after-identification-copper-soil-anomaly/
