Core Insights - The article highlights the recent drilling results at the Tunkillia Gold Project, indicating multiple shallow higher-grade intersections in the northern end of the S1 Starter Pit, which may enhance the project's economic viability [1] Drilling Results - New assays from drilling include significant gold intersections such as: - TKB0339: 8m @ 4.74 g/t Au, 2m @ 9.85 g/t Au - TKB0346: 20m @ 2.06 g/t Au, 5m @ 7.15 g/t Au, 2m @ 9.15 g/t Au, 3m @ 5.19 g/t Au, 2m @ 14.2 g/t Au - TKB0354: 6m @ 4.46 g/t Au, 1m @ 15.7 g/t Au - TKB0368: 9m @ 4.97 g/t Au, 1m @ 17.7 g/t Au, 1m @ 21.0 g/t Au - TKB0369: 7m @ 4.13 g/t Au, 2m @ 11.2 g/t Au - TKB0375: 10m @ 5.21 g/t Au, 3m @ 9.70 g/t Au - TKB0376: 17m @ 2.23 g/t Au, 3m @ 8.97 g/t Au [1] Economic Projections - The Tunkillia project is modeled to generate an operating profit of $1.3 billion within the first 2.5 years of operations, with a development payback expected to be three times over in this timeframe [1] Future Expectations - The balance of assays from the recent upgrade drilling is anticipated to be released in January 2026, with an updated JORC (2012) Mineral Resource Estimate expected by March 2026 [1]
Shallow, High-Grade Assays Infill Northern Tunkillia S1 Pit
Accessnewswire·2025-12-15 23:40