Talga Resources (ASX: TLG) has completed its maiden reverse circulation drilling program at the Tambina gold project in the Pilbara, Western Australia, with results expected in the next five to seven weeks.
The drilling program consisted of 22 drill holes totalling 1,349 metres that tested a series of stacked, shallow dipping, near surface quartzpyrite conglomerate horizons that contain gold over at least 2 kilometres of strike as evidenced by historic mining and exploration.
Tambina is located within 100 kilometres from Talga’s projects near Marble Bar and 150 kilometres from Port Hedland.
The drilling will utilise a grant of up to $94,500 under the Department of Mines and Petroleum co-funded innovative drilling program, which can be used for payment of up to fifty per cent of direct drilling costs, making it a relatively low cost way of substantiating the potential value of Tambina either as a stand-alone project or as part of Talga’s portfolio of gold projects in the Pilbara.
Talga Resources had changed its name from Talga Gold following its General Meeting on 29 October.
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