Twenty Seven Co identifies large areas of gold-in-soil anomalism at Yarbu Project

Twenty Seven Co Ltd (ASX:TSC) has identified three large areas of gold-in-soil anomalism at the Yarbu Gold Project in Western Australia after receiving auger drilling results of up to 164 ppb gold. Next steps include follow-up auger and/or aircore drilling of the targets, which will be expedited shortly.  The Yarbu project is in a highly prospective location along the Marda-Diemals Greenstone Belt, adjacent to Ramelius Resources Limited's (ASX:RMS) Marda Gold Project. First large-scale regional sampling Chief executive officer Simon Phillips said: “We are delighted with the outcomes from our auger drilling campaign, the first large-scale regional sampling program to be undertaken within the Yarbu Project area. “Importantly, the program has achieved its main objective, which was to confirm gold mineralisation across key areas of the Yarbu Project. “We have now identified three broad areas of mineralisation which will be subject to follow-up auger and/or aircore drilling at tighter spacing to allow our team to define a clear set of targets for potential follow-up drilling. “Encouragingly, the anomalism identified within Yarbu highlights the typical geochemical response from gold deposits in the region, such as being elevated in lead and to a lesser extent zinc, so we are looking forward to further investigating this potential over the coming months.” Drilling results The auger drilling campaign comprised 662 drill holes for a total of 987 metres with all samples assayed for gold plus 48 other elements, making this first pass program the most comprehensive geochemical sampling to date within the Yarbu Project area. Drilling generated several wide-spaced anomalies, which can be subdivided into three broad areas: Area 1 appears to show a gold-in-soil response that is 2,000 x 1,000 metres in dimension and appears to have associated zinc and molybdenum; and Areas 2 and 3 area adjacent to the Clampton North Prospect, which was identified by Polaris Metals in the early 2000s. Polaris identified Clampton North by defining a 1,000-metre x 200-metre auger anomaly containing a >100ppb gold core over an area of 200 metres x 100 metres in size, to the west of E77/2442. The central portion of this anomaly appears to be associated with both limbs (east and west limbs) and a hinge zone of at least two major folds. The limbs of this fold can be clearly seen in the recently reprocessed magnetics as well as historical geochemical sampling undertaken by Polaris. Importantly, TSC’s most recent work programs confirmed that the eastern limb extends into TSC’s 100% owned tenement E77/2442. This gold-in-soil anomalism (with associated elements) now extends for a strike of 1,900 metres x 1,400 metres. Looking forward Various work programs are underway, including: Yarbu Gold Project: Undertake further auger and/or aircore infill drilling to better define the gold-in-soil anomaly; Mt Dimer Gold and Silver Project: A JORC 2012-compliant resource of 48,500 gold ounces has been established, next development and exploration steps being assessed; and  Rover Gold Project: Formulating fresh drill targets, based on extensive geochemical results, for the Blue Hills, Four Corners and Middle Well Gold Prospects. In addition, further follow up drilling is set for the Mainstay, Creasy 1 and Harmonic Gold Prospects where significant mineralisation has already been identified.