Twenty Seven Co brings forward Rover Gold Project drilling to begin in September

Twenty Seven Co brings forward Rover Gold Project drilling to begin in September

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Twenty Seven Co Ltd (ASX:TSC) has brought forward the next round of drilling at its Rover Gold Project in Western Australia as a result of COVID-19 enforced delays to drilling in New South Wales. The next drill program at the Rover Gold Project will now begin in early September with drill hole planning underway and set to target previous highly anomalous drill results. Past results include 10 metres at 1.84 g/t gold from 44 metres, including 1-metre at 9.17 g/t from 46 metres and 13 metres at 1.20 g/t from 58 metres, including 1-metre at 11.80 g/t from 59 metres. In-depth and wide-reaching geochemical analysis from multi-element work is being undertaken on previous RC drilling. Adjusting exploration plans Speaking to the upcoming drilling plans, TSC chief executive officer Simon Phillips said: “Given the current COVID restrictions in place in NSW, TSC has made the decision to refocus its exploration efforts back to Western Australia for the near-term. “TSC has a diversified portfolio of high-quality assets in WA and NSW and this has allowed our team to move quickly to adjust our exploration plans in response to the current COVID situation. “TSC is genuinely excited to bring forward to early September the drilling of some of the best targets we have identified to date at the Rover Gold Project, and we are looking forward to testing our targets this quarter. “Whilst we are disappointed to not be able to commence work on our NSW IOCG projects at this time, we are thankful for the ongoing support shown by drilling contractors, landowners and local geological staff and remain committed to advancing our NSW work program as soon as practicable.” Three main gold anomalies have emerged in the new 10-kilometre x 1-kilometre survey area – Blue Hills, Four Corners and Middle Well - which have never been drill tested and as such represent key exploration opportunities complementing TSC’s existing gold prospects at the nearby Creasy 1 and Harmonic (NASDAQ:HLIT).  Other work activities In the meantime, TSC will continue to monitor the NSW COVID situation with a view to recommencing drill planning as soon as the current restrictions are lifted. The company’s NSW portfolio, which remains a high priority for future exploration, covers 753 square kilometres and is one of the largest licence holdings in the highly prospective northern Broken Hill area. TSC has identified three key project areas – Midas, Perseus and Trident - with multiple drill-ready targets prospective for IOCG and copper-gold mineralisation set to be tested once access restrictions in NSW allow. Extensive groundwork has already been completed by TSC’s technical team and these targets remain well advanced. Next steps Next steps set to be materialising over the coming months, including: Commencement of drilling in September at Rover; Commencement of drilling at the NSW project areas, subject to the easing of COVID related restrictions; and Review of further work at Mt Dimer.

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