Taruga Minerals has reported its highest silver assay to date from the Thowagee Project in Western Australia, alongside significant lead and zinc results that extend the known mineralised strike by 200 metres northeast.
- New rock chip assays reveal 170g/t silver, highest recorded by Taruga
- Lead concentrations exceed 13% in several samples
- Mineralised strike extended by 200m to the northeast
- Two polymetallic trends mapped with historical workings over 900m and 1000m
- Expanded exploration program underway including soil sampling and geophysical surveys
Exploration Breakthrough at Thowagee
Taruga Minerals Limited (ASX: TAR) has announced a significant advancement in its exploration efforts at the Thowagee Project, located in Western Australia's northern Gascoyne province. The company reported new rock chip assay results that include the highest silver grade it has recorded to date, an impressive 170 grams per tonne (g/t) silver, accompanied by substantial lead and zinc values. These findings not only reinforce the polymetallic nature of the mineralisation but also extend the known mineralised strike length by 200 metres to the northeast.
High-Grade Assays Confirm Polymetallic Potential
The standout sample, THRK023, returned 12.2% lead, 170g/t silver, and 0.7% zinc, underscoring the project's potential for high-grade base and precious metals. Other notable assays include lead grades exceeding 13% in samples THRK025 and THRK026, with silver values ranging from 69g/t to 117g/t. These results complement previous rock chip data, which featured similarly robust lead and silver concentrations alongside elevated gold and copper levels.
Expanding Mineralised Trends and Historical Workings
Geological mapping has identified two distinct polymetallic mineralised trends at Thowagee, with historical workings extending over 900 metres along a north-northeast trend and more than 1,000 metres along a north-northwest direction. The new assays include samples from outside the historically targeted quartz vein system, suggesting a broader mineralisation halo that could significantly enhance the project's scale and value.
Strategic Acquisition and Ongoing Exploration
In early May 2025, Taruga exercised its option to acquire 100% ownership of the Thowagee Project, consolidating its position in the region. The company now holds a contiguous land package totaling 416.5 square kilometres in the Northern Gascoyne province. Following the encouraging assay results, Taruga has expanded its exploration program to include detailed soil geochemical sampling and integration of geophysical datasets such as magnetics, gravity, and VTEM surveys. These efforts aim to refine structural interpretations and generate high-priority targets for future drilling campaigns.
Looking Ahead
While the rock chip results provide compelling evidence of high-grade mineralisation, the true extent and economic viability of the deposit remain to be determined through further exploration and drilling. The upcoming soil sampling results and geophysical data integration will be critical in shaping the next phase of exploration and potentially unlocking a significant new resource in this underexplored part of Western Australia.
Bottom Line?
Taruga’s latest assays at Thowagee hint at a growing polymetallic system, setting the stage for a pivotal exploration phase.
Questions in the middle?
- How will forthcoming soil sampling and geophysical surveys influence drilling targets?
- What is the potential scale of the mineralisation halo beyond the historical quartz vein system?
- When can investors expect initial drilling results to assess resource potential?