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Tambourah Metals Ltd ( (AU:TMB) ) has issued an update.
Tambourah Metals Ltd has announced the extension of its RC drilling program at the Tambourah Gold Project to include a previously unexplored gold-bearing structure. This decision follows successful initial drilling and is supported by recent funding efforts. The company is also conducting diamond drilling at other prospects and has identified potential high-grade gold mineralization through surface sampling. Additionally, reconnaissance sampling at the Tambina project has shown promising gold assay results, indicating the presence of particulate gold in the conglomerate layer.
More about Tambourah Metals Ltd
Tambourah Metals Ltd is a company operating in the mining industry, primarily focusing on gold exploration. The company is engaged in drilling and sampling programs to identify and develop gold-bearing structures, with a significant focus on the Tambourah and Tambina gold projects in Western Australia.
Average Trading Volume: 1,263,929
Technical Sentiment Signal: Sell
Current Market Cap: A$3.64M
See more insights into TMB stock on TipRanks’ Stock Analysis page.