Tambourah Rock Chips Hit Up to 101 g/t Gold Over 12km Strike
Riversgold Ltd reveals a highly promising 12-kilometre gold corridor at its Tambourah project in Pilbara, with rock-chip samples grading up to 101 g/t Au. Exploration plans are underway to refine drill targets as conditions improve.
- 12km gold trend identified with multiple high-grade prospects
- Rock-chip assays up to 101 g/t gold at Lone Star prospect
- Project located 160km southeast of Port Hedland with excellent access
- Exploration to resume post-summer to refine drill targets
- Historical gold rush area with limited modern subsurface work
A New Gold Frontier Emerges in Pilbara
Riversgold Ltd (ASX: RGL) has announced compelling exploration results from its Tambourah project in Western Australia's Pilbara region, revealing a 12-kilometre strike of highly prospective gold mineralisation. Rock-chip sampling has returned exceptional grades, with assays reaching as high as 101 grams per tonne (g/t) gold, particularly at the Lone Star prospect.
Originally acquired for lithium potential, Tambourah's gold prospects have come into sharper focus following extensive sampling and analysis conducted over the past year. The project area, situated approximately 160 kilometres southeast of Port Hedland, benefits from excellent infrastructure, including direct access via the Great Northern Highway and the Hillside-Woodstock Road.
Historical Context and Modern Opportunity
The Tambourah region has a rich gold mining history dating back to the late 19th century, with a gold rush in 1894 that attracted hundreds of miners. Despite this, modern exploration has been limited, with only shallow adits and shafts developed over a century ago. Riversgold’s recent work has uncovered a continuous corridor of gold mineralisation stretching across multiple prospects including Logans Find, Hawkstone, Shaw Mullock, and Trafalgar.
Chairman David Lenigas highlighted the significance of these findings, noting that the high-grade rock-chip results are "quite exceptional" and that the company is now focused on refining drill targets to unlock the project's full potential. The presence of historical workings combined with modern assay results provides a strong foundation for advancing exploration.
Next Steps: From Sampling to Drilling
Exploration activities have been constrained by the harsh summer conditions typical of the Pilbara, but Riversgold plans to ramp up fieldwork as temperatures moderate. The company intends to conduct further rock-chip sampling and detailed on-site investigations to better define drill targets ahead of a planned drilling campaign later this year.
The Tambourah project covers approximately 110 square kilometres across four granted tenements wholly owned by Riversgold. Its proximity to existing processing facilities within trucking distance adds to the project's economic appeal, especially amid a supportive gold price environment.
Strategic Implications for Riversgold
This announcement marks a pivotal moment for Riversgold, potentially transforming Tambourah from a lithium-focused asset into a significant gold exploration play. The high-grade assays and extensive strike length suggest a robust mineralised system that warrants aggressive follow-up.
Investors will be watching closely as Riversgold transitions from surface sampling to drilling, a critical phase that will test the continuity and scale of the mineralisation. Success here could elevate the company’s profile within the competitive Pilbara gold landscape.
Bottom Line?
As Riversgold prepares to drill, Tambourah’s 12km gold corridor could redefine its growth trajectory.
Questions in the middle?
- How will Riversgold prioritise drill targets across the extensive 12km gold trend?
- What are the expected timelines and budgets for the upcoming drilling campaign?
- Could Tambourah’s gold potential shift Riversgold’s strategic focus away from lithium?
