{"id":10732,"date":"2024-06-11T06:03:07","date_gmt":"2024-06-11T06:03:07","guid":{"rendered":"https:\/\/economicherald.net\/?p=10732"},"modified":"2024-06-11T06:03:07","modified_gmt":"2024-06-11T06:03:07","slug":"riversgold-outlines-a-large-copper-anomaly-at-tambourah","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=10732","title":{"rendered":"Riversgold outlines a large copper anomaly at Tambourah"},"content":{"rendered":"<p>Historical copper intersections at the Tambourah project have explorer Riversgold pleased<br \/>\nOne particular intercept measured to 30.5m at 1.1% copper<br \/>\nChairman David Lenigas says boots will hit the ground from the end of next week<\/p>\n<p>Special report: Riversgold has identified historical copper intersections of up to 30.5m at 1.1% copper from exploration carried out in the 1970\u2019s at Tambourah. <\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/riversgold-rgl\/\"><strong>Riversgold\u2019s (ASX:RGL)<\/strong><\/a> Tambourah project covers some 264km2 of prospective tenure in WA\u2019s Pilbara region, 164km southeast of Port Hedland.<\/p>\n<p>Exploration to date has centred on the discovery of lithium with recent work successfully identifying nine new lithium targets during a 3,070-sample geochemical program.<\/p>\n<p>Several of the targets sit in magnetic lows or in and around magnetic breaks and are seen as high priority targets.<\/p>\n<p>But while exploration has centred on lithium, the tenements also boast the potential for gold and copper mineralisation.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<h2><strong>12km strike with elevated copper <\/strong><\/h2>\n<p>A compilation of geochemical data completed by RGL and previous explorers has highlighted a clear trend of 12km of strike that has elevated copper anomalism.<\/p>\n<p>Drilling by Hawkstone Minerals during 1970-71 comprised 27 percussion drill holes for 1,787m and intersected copper up to 1.1% copper over 30.5m while a limited rock chip sampling program by <a href=\"https:\/\/stockhead.com.au\/company\/de-grey-mining-deg\/\"><strong>DeGrey Mining (ASX:DEG)<\/strong><\/a> in 2008 resulted in assays up to 13.8% copper.<\/p>\n<p>RGL plans to be on site next week to validate the historical rock chips results and will assess methods for advancing copper exploration.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>\u2018A very clear copper corridor\u2019 <\/strong><\/h2>\n<p>\u201cThe RGL team has reviewed the geochemical data generated from our past lithium programs and has identified a very clear copper corridor running north-south right through the centre of the tenement,\u201d RGL chairman David Lenigas says.<\/p>\n<p>\u201cHistorical drilling and high-grade chip samples, that coincide with the newly identified copper corridor, add to the significance of this discovery.<\/p>\n<p>\u201cWe plan to have people back on the ground from the end of next week to continue with exploration.\u201d<\/p>\n<p>\u00a0<\/p>\n<p>Anomalous copper results compiled from historical and RGL work programs. Pic: Riversgold<\/p>\n<p><em>\u00a0<\/em><\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p><em>This article was developed in collaboration with Riversgold, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/riversgold-outlines-a-large-copper-anomaly-at-tambourah\/\">Riversgold outlines a large copper anomaly at Tambourah<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Historical copper intersections at the Tambourah project have explorer Riversgold pleased One particular intercept measured to 30.5m at 1.1% copper Chairman David Lenigas says boots <a href=\"https:\/\/economicherald.net\/?p=10732\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":10733,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-10732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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