Tennant grows the size of its Bluebird target within larger NT-based Barkly project

Mon 21 Nov 22, 2:49pm (AEST)
Outback north Western Australia; a pindan outcrop sporting eucalypts encases greenage after rains
Source: iStock

Key Points

  • Bluebird is slowly growing as drills hit sulphides further and further out
  • Now thought to remain open to 300m depth, some 240m across
  • Two drill rigs on-site continue to plug away

Tennant Minerals (ASX:TMS) has grown the overall size of its copper-gold Bluebird prospect, part of the company’s NT-based Barkly Project, through confirming the presence of copper sulphides beyond the previously understood boundaries of the potentially mineralised area.

All in all, fresh drilling has grown the size of the Bluebird strike length to 240m x 300m depth. 

A second drilling program is already underway to probe other areas of interest at Barkly, which the company is hopeful reflect high-potential areas for copper and gold to occur. 

Timeline so far

The company kicked off stage 2 of its Barkly drill run back in October. At the time, the company reported the following: 

  • 40.0m @ 02.6% copper and 1.34g/t gold from 131m depth, including: 

  • 24.5m @ 03.9% copper from 146m depth 

  • 04.7m @ 15.2% copper from 164m depth 

  • 0.08m @ 54.5% copper from 164m depth 

  • 17.8m @ 03.7% copper from 277m depth 

  • 09.5m @ 06.0% copper from 278m depth 

Copper is considered high grade in concentrations over 1.5%; gold is considered high grade in concentrations over between 4 grams of ore per tonne (4g/t) and 5g/t. 

Late last month, the team did it again, confirming new massive sulphides found from nearby Bluebird. 

Nearology perspective

“Our drilling has continued to extend the high-grade copper-gold mineralisation both along strike and at depth at Bluebird,” Tennant chief Matt Driscoll said, noting the presence of high-impact projects relatively nearby.

“We have two drilling rigs on double-shift targeting further extensions to the high-grade Bluebird deposit and new discoveries within the other highly-prospective target zones.”

“[We have identified these] within our Barkly Project with our aim of defining sufficient high-grade copper-gold resources to support a mining operation.” 

Tennant Mineral's six month charts for consideration
Tennant Mineral's six month charts for consideration


Written By

Jonathon Davidson

Finance Writer

Jonathon is a journalism graduate and avid market watcher with exposure to governance, NGO and mining environments. He was most recently hired as an oil and gas specialist for a trade publication.

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