Beatty Park Sth EIS Co-Funding and T1 Drilling
| Stock | Tambourah Metals Ltd (TMB.ASX) |
|---|---|
| Release Time | 28 Apr 2026, 9:09 a.m. |
| Price Sensitive | Yes |
Beatty Park Sth EIS Co-Funding and T1 Drilling
- Initial results from 75-hole shallow aircore drilling program at the T1 gold-in-soil anomaly further highlights the potential for an underlying gold system
- Tambourah awarded $180,000 in the EIS Round 33 drilling co-funding grant to test the Beatty Park Sth gold target
- Planning and approvals for the 1,500m RC and diamond drilling program have commenced
Tambourah Metals Ltd is pleased to announce the recently awarded $180,000 EIS co-funding grant, which will support a program of RC and diamond drilling aimed at identifying and testing potential extensions to the Beatty Park Sth gold target. The company has also received initial assay results from the aircore drilling completed at the T1 gold-in-soil anomaly at Beatty Park Sth. The aircore drilling program comprised 75 holes for a total of 2,817m, with scattered low-level gold anomalies returned along the primary north-west trend. The trend is characterized by strongly altered ultramafic lithologies with a network of quartz veining and local sericite-pyrite alteration. Shallow drilling has not identified the factors controlling the distribution of local very high-grade gold mineralization. The company plans to follow up the 4m composite samples with 1m split samples, as well as conduct aircore drilling at the T2 gold-in-soil anomaly and adjacent to the Harmony gold mine. RC and diamond drilling programs are also planned for the Beatty Park Sth target.
The company plans to follow up the initial aircore drilling results with further exploration, including 1m split sampling, aircore drilling at the T2 gold-in-soil anomaly and adjacent to the Harmony gold mine, and RC and diamond drilling programs at the Beatty Park Sth target.