Tasman Resources Limited (ASX: TAS) – $0.019 (+6%)
18 Feb 2015
Tasman Resources Limited (ASX: TAS) will commence an initial drilling program in early March 2015 at the Corrie Dam epithermal gold-silver prospect located in South Australia.
The aircore and reverse circulation drilling program has a total of up to 2,000 metres of drilling to test the Corrie Dam epithermal gold-silver geochemical target. The program comprises between 40 and 80 drillholes and will depend on the cover thickness and depth of weathering. The Corrie Dam prospect is located in the southwest corner of the company’s 100% owned Parkinson Dam Project located approximately 70km west of Port Augusta in South Australia (Figure 1).
Figure 1. Parkinson Dam regional setting
Soil geochemical sampling by the company in 2014 delineated a cohesive silver anomaly with a broadly coincident low level gold anomaly over transported cover. The peak silver value is 630ppb with a +100ppb zone of strike length 1.5km and maximum width of 480m.
The company is focused on defining a significant new gold-silver mineralised epithermal system beneath the interpreted shallow cover.
For further information, visit www.tasmanresources.com.au
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