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An update from Tambourah Metals Ltd ( (AU:TMB) ) is now available.
Tambourah Metals will begin a roughly 3,000-metre aircore drilling program in early February to test the newly defined T1 gold target at its Beatty Park South project in Western Australia. The T1 anomaly, which extends about 400 metres and peaks at 90 parts per billion gold, sits over a key structural flexure identified in SAM geophysical imagery and is supported by contiguous gold-in-soil results from Ultrafine and historic auger sampling. The initial program, expected to take about a week, marks a focused follow-up on a discrete target located 200 metres west of earlier first-pass aircore drilling, with further RC and aircore programs planned for additional Beatty Park South gold targets once heritage clearances are in place.
The most recent analyst rating on (AU:TMB) stock is a Sell 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 (ASX:TMB) is an Australian minerals exploration company focused on gold and other metal targets, with projects including the Beatty Park South area in Western Australia. The company uses geophysical surveys and soil geochemistry to define drilling targets aimed at growing its portfolio of gold prospects in established mining regions.
Average Trading Volume: 2,821,012
Technical Sentiment Signal: Hold
Current Market Cap: A$15.6M
See more data about TMB stock on TipRanks’ Stock Analysis page.