Metals

Tambourah Metals confirms pegmatite swarms at Russian Jack lithium project

Tambourah Metals TMB ASX pegmatite swarms Russian Jack lithium project WA

Junior explorer Tambourah Metals (ASX: TMB) has confirmed the presence of extensive pegmatite swarms at the Russian Jack lithium project in Western Australia.

The company said data compiled from the state’s WAROX (Western Australian Rocks) minerals database has significantly increased the project’s prospectivity.

WAROX contains geoscientific data related to observations and samples collected in the field.

The data covers themes such as outcrop and regolith geology, field photographs, geological samples, rock physical properties, petrography, paleontology and geochronology.

Tambourah’s data will be combined with new high-grade rock chip assays collected during sampling and mapping from the Tambourah goldfield during the June quarter.

The company completed 23 reverse circulation holes for 2527 metres with targets along strike of historic workings at Tambourah King, Western Chief, Western Chief South, Federal and Kushmattie.

Four out of 20 samples returned elevated gold with a maximum grade of 16.9 grams per tonne reported from an area with no previous elevated grade history.

New exploration licences

Earlier this month, Tambourah was granted two new exploration licences at Russian Jack, growing the project area to around 250 square kilometres.

New tenements E46/1420 and E46/1423 adjoin existing granted tenements E46/1409 and E46/1410, all located around 247 kilometres southwest of Port Hedland and 25km south of Nullagine.

The new licences are expected to provide the impetus for accelerated lithium exploration within the tenement package.

Project acquisition

The Russian Jack project was acquired last September and is located in an area considered prospective for tin, tantalum and lithium although no previous drilling has been undertaken.

Following the transaction, Tambourah embarked on a desktop study and regional review to evaluate potential lithium-tantalum mineralisation in the East Pilbara region.

Russian Jack adds to the company’s 80% stake in the Julimar North battery metals project, 100km northeast of Perth, where it plans to explore for nickel and platinum group elements (PGE) at the Bolgart East and Tolarno prospects.

Tambourah also owns the Tambourah and Cheela advanced gold projects, located adjacent to modern gold mines.

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