Taruga Minerals has uncorked fresh results from its Thowagee polymetallic project in Western Australia’s Gascoyne region. The results unearthed new zinc-lead-silver mineralised trends and a promising gold anomaly.
The company’s maiden soil program mapped out a silver-lead-heavy geochemical footprint, with a defined 150 parts per million contour tracing known north-west and north-east trends. It also reveals two new strikes, stretching Thowagee’s potential well beyond its 1 kilometre by 1.2km grid.
Taruga says real promise lies in an all-new 92 parts per billion gold anomaly running north-east to south-west over a kilometre, tied to a shear zone spotted in magnetic geophysics.
The company’s earlier rock chips from within Thowagee’s historic mine workings have already turned heads, including grades as high as 19.7 per cent lead, 170 grams per tonne (g/t) silver and 3.4 per cent copper.
The latest 538-sample soil program confirms these polymetallic hits, with lead, silver and zinc anomalies aligning with historical workings and hinting at untapped extensions and structures under cover.
Soil sampling covering the historic Thowagee workings is tightly correlated with elevated silver and zinc, mapping out mineralised trends and hinting at untapped extensions.
A 25-metre-spaced sample cross south of the project, targeting an electromagnetic bullseye anomaly, showed limited results except for gold anomalism to the north and west. The gold hit further stoked excitement about the project’s precious metal potential.
Taruga says the promising correlation, mixed with open-ended results in multiple directions, calls for an expanded soil and rock chip sampling program.
The company will simultaneously conduct handheld core drilling to probe mineralisation halos around the old trenches. High-tech geophysical surveys are also in the works to pinpoint shear zones and concealed lenses that could hide a much bigger system under the Gascoyne’s shallow cover.
The completed soils program clearly demonstrates lead as a dominant signature at Thowagee, highlighting the new mineralisation trends that exist under cover, which extend outside the limits of the grid and which require follow-up.
Chapman said the gold in soils anomaly identified to Thowagee’s south coincides with strong linear magnetism, interpreted as a sub-parallel structure to the lead-silver mineralisation in the historical workings.
The recent Thowagee deal was sealed just last month for a minuscule $85,000 in shares. The project streamlines perfectly into the company’s commanding 416.5-square-kilometre landholding in the Gascoyne.
Its historical workings, which coughed up 15 tonnes lead and nearly 6 kilograms silver in the 1950s, barely scratched the surface. With no modern drilling to test the region’s base or precious metals potential, Taruga’s latest results are painting a picture of a system with serious scale and upside.
The company’s exploration machine is now in overdrive, with soil results being crunched alongside geophysical datasets to refine targets for a potential maiden drilling campaign.
The newly defined gold anomaly has Taruga’s team buzzing, with plans to chase its 1km strike and probe its structural roots a no-brainer as the price of the yellow metal continues to hold well above $5000 an ounce.
With a management team fresh off a $1.5 billion polymetallic win at Adriatic Metals, Taruga is swinging for the fences in the Gascoyne. As the company gears up for its next phase of exploration, the market will be watching closely to see if it can unearth the region’s next big polymetallic prize.
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