Tanami Gold NL has reported promising initial assay results from its latest drilling campaign at the historic Jims Gold Mine, revealing significant gold intercepts that hint at potential resource expansion. Final results from the majority of diamond core samples are still awaited, keeping the market’s attention.
- Initial assays from 17-hole drilling at Jims Gold Mine reveal multiple high-grade gold intercepts
- Notable intercepts include 12.17m at 6.94 g/t and 13m at 5.14 g/t gold
- Drilling targets down-dip and northern extensions of known mineralisation
- Final assays pending for 15 diamond core tails, expected in coming months
- Galifrey Gold Prospect drilling returns narrow, low-to-moderate grade gold zones
Context of the Drilling Program
Tanami Gold NL, in partnership with Northern Star Resources Limited through their Central Tanami Project Joint Venture, has released the first batch of assay results from a 17-hole Reverse Circulation Pre-Collar and Diamond Core Tail drilling program at the historic Jims Gold Mine in the Northern Territory. This campaign marks the initial phase of the 2025 field season, targeting extensions of known gold mineralisation both down-dip and to the north of previously identified zones.
Significant Early Findings
The assays received so far have returned several encouraging intercepts, including standout results such as 12.17 metres grading 6.94 grams per tonne (g/t) gold and 13 metres at 5.14 g/t gold. These intercepts suggest continuity and potential expansion of the mineralised zones beyond historical boundaries. Other notable intercepts include 6.39 metres at 3.98 g/t and 8.85 metres at 3.64 g/t gold, indicating a robust mineralisation profile at depth.
Ongoing Exploration and Pending Results
While the initial results are promising, the majority of the diamond core tail assays; 15 out of 17; are still pending. These forthcoming results will provide a more comprehensive understanding of the deposit’s geometry and grade distribution. The drilling program also included a smaller campaign at the Galifrey Gold Prospect, located approximately 4 kilometres from Jims, which returned narrow but consistent low-to-moderate grade gold intercepts, suggesting further exploration potential in the region.
Strategic Importance of the Central Tanami Project
The Central Tanami Project Joint Venture covers a substantial 2,108 square kilometre tenement area and aims to develop the Groundrush gold deposit alongside other discoveries within the region. The Jims Gold Mine, historically mined between 1998 and 2001, sits on a mineral lease approximately 23 kilometres from the Central Tanami Mill, making it strategically significant for potential resource growth and future mining operations.
Technical Rigor and Quality Assurance
The drilling and sampling methodologies employed adhere to industry best practices, including rigorous quality control measures such as duplicate sampling, certified reference materials, and detailed geological logging. These protocols ensure the reliability of the assay data, which is critical for subsequent resource estimation and development planning.
Looking Ahead
As Tanami Gold awaits the final assay results from the remaining diamond core tails, the market will be watching closely for confirmation of the early positive trends. The ongoing exploration efforts across multiple targets within the Central Tanami Project underscore the JV’s commitment to unlocking further value from this prolific gold region.
Bottom Line?
With key assay results still pending, Tanami Gold’s next updates will be pivotal in defining the future trajectory of the Jims Gold Mine and the broader Central Tanami Project.
Questions in the middle?
- Will the pending diamond core assays confirm and extend the high-grade zones identified so far?
- How might these drilling results influence the timing and scale of potential mining operations at Jims?
- What exploration strategies will the joint venture pursue next across the Central Tanami Project?