How Big Could Peregrine Gold’s 850m Tin Can Anomaly Become?
Peregrine Gold’s latest air-core drilling results reveal an extended gold anomalous trend at the Tin Can Prospect, setting the stage for targeted follow-up drilling to explore higher-grade zones.
- Gold anomalous trend extended to 850m strike at Tin Can
- Multiple sub-parallel gold zones identified, up to 240m wide
- Drilling targeted highly weathered bedrock with plans for fresh rock testing
- Reverse Circulation drilling planned to target higher-grade mineralisation
- Drone magnetic survey and detailed assays underway to refine geological model
Expanding the Gold Footprint at Tin Can
Peregrine Gold Limited (ASX – PGD) has announced encouraging preliminary results from its recent air-core drilling campaign at the Tin Can Prospect, part of its 100% owned Newman Project in north-west Western Australia. The drilling has successfully extended the gold anomalous trend to an impressive 850 metres of strike length, revealing a broad and complex mineralised system.
The company’s geologists interpret the mineralisation as multiple coherent, sub-parallel gold zones that cumulatively span up to 240 metres in width. These zones are shallowly dipping to the south and plunge towards the south-east, suggesting a structurally controlled system with significant lateral extent. This expanded footprint provides a substantial target area for upcoming drilling campaigns.
From Weathered Bedrock to Fresh Targets
The air-core drilling to date has primarily sampled highly weathered and altered bedrock. While this provides valuable early-stage insight into the gold distribution, it also means the true grade and nature of the primary mineralisation remain to be confirmed. Weathering can either enrich or deplete gold concentrations, so Peregrine plans to follow up with Reverse Circulation (RC) drilling aimed at fresh rock to better define higher-grade zones.
Complementing the drilling, a drone magnetic survey is planned to enhance the resolution of existing magnetic data. This geophysical work is expected to sharpen the geological model and assist in pinpointing the most prospective areas within the broad arsenic soil anomaly that initially guided exploration.
Broader Exploration Momentum
Beyond Tin Can, Peregrine is advancing exploration across its portfolio. At the Mallina Project, heritage surveys are underway to clear the way for maiden air-core drilling targeting intrusion-hosted and orogenic gold deposits. Meanwhile, progress continues on the Peninsula Special Prospecting Licence application, with preparatory work set to accelerate once granted.
Additionally, a short air-core campaign at the Epithermal Prospect has been completed, with assay results pending. These efforts underscore Peregrine’s commitment to expanding its footprint in highly prospective gold regions.
Looking Ahead
Technical Director George Merhi highlighted the value of the air-core program as an effective early-stage tool that has broadened understanding of the Tin Can system. With follow-up RC drilling and enhanced geophysical surveys planned, Peregrine is positioning itself to refine targets and potentially unlock higher-grade gold mineralisation. Investors and industry watchers will be keenly awaiting the next tranche of assay results and updates on the broader Newman Project exploration activities.
Bottom Line?
Peregrine Gold’s expanded Tin Can anomaly sets a promising platform for targeted drilling and resource definition.
Questions in the middle?
- What grades and widths will the upcoming RC drilling at Tin Can reveal in fresh rock?
- How will the drone magnetic survey refine the geological interpretation and targeting?
- What impact will the Mallina Project’s maiden drilling have on Peregrine’s exploration pipeline?