Tanami Gold NL (ASX:TAM) Reports Final Assay Results from Central Tanami Project Drilling
Drilling Results
Tanami Gold NL has received final assay results from its extensive drilling programs at the Ripcord Gold Deposit, Groundrush-Ripcord Link, Defa, Western Dolerite, and Black Hills East targets within the Central Tanami Project. The 25-hole Ripcord program confirmed the continuity of mineralisation along a 450-metre northern extension, with notable intercepts including 2.0 metres @ 4.77 g/t gold from 111.0 metres in RCRC0075. Drilling at the Groundrush-Ripcord Link returned higher-grade intercepts of 0.41 metres @ 9.99 g/t gold and 1.46 metres @ 5.11 g/t gold. The Defa target yielded an encouraging intercept of 12.0 metres @ 2.88 g/t gold. However, results from the Black Hills East target were less promising, with only one significant intercept identified. The Western Dolerite Prospect registered a 3.0 metres @ 0.51 g/t gold intercept.
Exploration Update
Tanami Gold is planning its exploration activities for the 2025 field season, which is set to commence in May 2025 after the northern Australia wet season concludes. The company aims to build on the current drilling results to further define its gold resources within the Central Tanami Project. Continued exploration is expected to enhance the understanding of the geological setting and support future resource estimation and mining studies.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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