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Tambourah Metals Ltd ( (AU:TMB) ) has issued an update.
Tambourah Metals has expanded its gold exploration potential at the Beatty Park South area within its Bryah Gold project after integrating high-resolution sub-audio magnetic (SAM) survey data with detailed ultrafine soil sampling. The company has defined two new high-priority drill targets associated with structural breaks and zones of hydrothermal alteration, including gold-in-soil anomalies of up to 70ppb and 21ppb, with drilling programs already approved under programs of work and now awaiting heritage clearance, potentially paving the way for a more aggressive drilling campaign and enhanced resource definition at the project.
The most recent analyst rating on (AU:TMB) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Tambourah Metals Ltd stock, see the AU:TMB Stock Forecast page.
More about Tambourah Metals Ltd
Tambourah Metals Ltd is an Australian exploration company focused on gold and other mineral discoveries, with key projects in Western Australia including the 467 sq km Bryah Gold project located north of Meekatharra. The company uses advanced geophysical and geochemical techniques to identify and develop high-potential drilling targets within established mineral provinces.
Average Trading Volume: 2,897,159
Technical Sentiment Signal: Sell
Current Market Cap: A$14.34M
For a thorough assessment of TMB stock, go to TipRanks’ Stock Analysis page.