Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Tambourah Metals Ltd ( (AU:TMB) ) is now available.
Tambourah Metals has reported high-grade diamond drilling results from its Tambourah Gold Project, including a standout intercept of 1.31 metres at 38.4 grams per tonne gold from 82.14 metres at the Tambourah King prospect, supported by additional high-grade hits at the Alexandria and Young Australian prospects. The eight-hole, 785.4-metre program, co-funded by Western Australia’s EIS scheme, has improved the company’s understanding of the near-surface lode system and confirmed the continuity of mineralisation within the top 100 metres, allowing Tambourah to move ahead with a 1,000-metre RC infill program aimed at tightening drill spacing for an initial resource estimate at Tambourah King, though step-out holes to the south returned only minor mineralisation.
The most recent analyst rating on (AU:TMB) stock is a Hold with a A$0.05 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 (ASX:TMB) is an Australian exploration company focused on gold projects in Western Australia’s Pilbara region. The company is advancing the Tambourah Gold Project, targeting high-grade lode-style gold mineralisation to underpin an initial resource estimate and potential future development.
Average Trading Volume: 3,734,345
Technical Sentiment Signal: Sell
Current Market Cap: A$12.33M
See more insights into TMB stock on TipRanks’ Stock Analysis page.