Tennant (ASX:TMS) get another song from Bluebird

Tennant Minerals have received more top-end results from Bluebird, returning grades up to 23.8g/t gold and 22.6 per cent copper from diamond drilling over the discovery at its wholly owned Barkly project in the Northern Territory east of Tennant Creek.

The results extend Bluebird’s thick, dilational, high-grade copper and gold zone westward and beneath previous standout intersections as high as 24m @ 0.66% Cu, 11.8 g/t and 30.5m @ 6.2% Cu, 6.8 g/t Au.

Longitudinal projection showing the latest intersection in BBDD0025.

Tennant Chairman Matthew Driscoll said the continued intersection of high grades over thick intervals had confirmed the company was onto a genuine high-grade copper-gold discovery.

“Bluebird remains completely open in all directions and we will now drill for immediate extensions along strike and at depth, with the aim of defining a multi-million tonne high-grade mineral resource of similar tenor to the historically mined Peko deposit, 20km west of Bluebird, which produced 3.7 million tonnes of 4% copper and 3.5 g/t gold from the 1930s to the 1970s,” he said.

“The potential for multiple high-grade copper-gold discoveries along this 2.5km corridor
significantly enhances the scope for our 100% owned Barkly Project to be developed into a standalone mining operation.”

With a rich zone now defined across 240k of strike length, which remains completely open to the east, width, and at depth, the dimensions of Bluebird have already shaped into similarity with the area’s other high-grade deposits, including a Peko mine 20km to the west which produced 3.7Mt of ore grading at 4 per cent copper and 2.5g/t gold up until the 1970s.

Tennant has more drilling lined up to further extend Bluebird, with confidence a parallel IP survey will spot similar targets for the next round of drill testing.

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