High grade copper and silver in rock chips

This morning TG1 announced that it had returned 54.8% copper and 249g/t silver in rock chips from recent fieldwork at its Copper project in the Ashburton basin in WA. Below is an image of the copper filled rock chips.

Interestingly the rock chips were taken from right above a northeast to southwest trending splay fault.

Our armchair geologist interpretation is that the fault-lines and intersections between them often mean an increased probability of mineralisation occurring below the ground, which comes about from thousands of years of rock-movements well below the surface.

TG1 have now confirmed that they will start to overlay these rock chip samples with some ground based IP surveys (Geophysical surveys) to see if there are any anomalies worth drill testing below the ground.

Basically, TG1 has run through the typical target generation works process from Geochemical sampling (Rock chip sampling) to then moving into Geophysical surveys before putting together a list of high priority drill targets.

We are yet to launch our 2022 Investment Memo for TG1 but will be looking forward to the results from the geophysical surveys and incorporating these into the “what we want to see the company achieve in 2022” section of our memo.

What’s next for TG1: We want to see the results from the geophysical survey above. At the same time we are waiting for heritage surveys to be completed at the Mt Boggola copper project.