Projects

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Julimar Nth

WH South

Tambourah

Projects

Tambourah Metals Ltd is advancing and developing critical minerals projects for a decarbonised future. The Company’s primary objective is the rapid exploration and development of its flagship Tambourah Gold and Lithium project in the Pilbara. The Tambourah goldfield is an is an advanced gold exploration project with lithium and gold development potential. Importantly, Tambourah Metals Ltd has an exciting opportunity for further regional growth through gold and lithium exploration at its Russian Jack and Nullagine projects in the East Pilbara. The Company’s other projects include the Achilles Ni-PGE-Cu-Au in the NE Goldfields and the advanced Cheela Gold project.

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Julimar Nth

The Julimar Nth project is located 120km north of Perth. Julimar Nth is prospective for hosting Ni-Cu-PGE Gonneville styles of mineralisation within ultramafic rocks of the Julimar Ultramafic Complex.

Tambourah and the Chilean lithium producer Sociedad Quimica y Minera de Chile S.A. (SQM) (NYSE: SQM) have recently entered into an agreement providing SQM with the rights to earn-in across six of Tambourah’s Julimar Nth projects in Western Australia.

SQM has been granted the right to earn an initial 50% interest (and can earn a maximum of 70%) in all mineral rights at Julimar Nth project by sole funding a minimum of A$1.5m and up to $3m of exploration and development activities.

WH Sth

The WH Sth project is located 180kms northeast of Perth and is prospective for hosting porphyry style copper-molybdenum-gold mineralisation. The project is located within 5 km of the Caravel Cu-Mo-Au resource. The southern tenement package is prospective for hosting Ni-Cu-PGE Gonneville styles of mineralisation. Additionally, WH Sth is prospective for hosting Li and REE mineralisation. The WH Sth project contains regionally significant NW-SE trending structures as well as more localised NE-SW and N-S trending structures, which combined act together to host the regional mineralisation and the priority magnetic targets.

The company has completed a MMT survey within the central section of the project. Conductors were identified in the final MMT data, and first pass soil sampling has identified high copper anomalies. The WH Sth conductors and targets are located within 5 km of the Caravel Resources project in an area that hosts multiple magnetic anomalies. The soils sampling resulted in 650m long x 350m wide, has been identified in the centre of the soil sampling grid over a magnetic target on E70/5796 northeast of Goomalling.

Tambourah

The Tambourah Project is located 85km southwest of Marble Bar in the East Pilbara district of Western Australia. The Tambourah Project covers an area of approximately 1520 ha and comprises Exploration Licence (E 45/4597), and four Prospecting Licences (P 45/2868-I, P 45/2869-I, P 45/2870-I, P 45/2871-I). Gold mining commenced in the 1890s at the Tambourah and Western Shaw mining centres. The bulk of the production came from Western Chief and World’s Fair gold mines. Total gold production from the Tambourah mining centre is reported as 163.2 kg (5,247 oz) pg.131, TMB Prospectus Aug 12th, 2021.

Tambourah Metals Ltd has continued its program of drilling, mapping and sampling at selected prospects and pegmatite locations within the project area. Heritage, EM surveys programs have been completed. Ongoing exploration includes additional mapping, sampling and drilling.

TMB Drilling Results 2022
22m@1.38g/t Au (including 3m@7.78g/t Au) from 22m
2m@6.57g/t Au from 28m
2m@3.77g/t Au from 22m
2m@1.63g/t Au from 105m
6m@1.03g/t Au from 120m

Rock chip sampling has identified lithium at several locations at Tambourah.

Tambina

Tambina is 15 km north of Tambourah. The company has commenced exploration evaluation for lithium pegmatites within the project area.

Russian Jack

The Russian Jack Project is located 15km from Nullagine and hosts pegmatites with elevated lithium indicator geochemistry and significant pegmatite swarms within WAMEX and WAROX datasets. Russian Jack covers an area of approx. 600km2 with up to 320km2 potentially hosting L-C-T (Lithium Caesium Tantalum) pegmatites. There are historical workings for tin and tantalum at several locations adjoining Tambourah’s RJ project. Tambourah has commenced a research and development project, collaborating with CSIRO who are applying “Machine Learning” to highlight priority LCT pegmatite targets in the area. Using Tambourah’s remotely sensed spectral and historic data, including radiometric, magnetic and gravity datasets. Tambourah will ground truth priority targets for drilling assessment.

The hyperspectral features may be indicative of the presence of pegmatites.

Nullagine

The TMB Nullagine project is located 11km from the town of Nullagine and 5km north of the Tambourah Metals Russian Jack project, consists of 38 prospecting license applications covering an area of 67.32km². Nullagine projectis hosted in the Mosquito Creek Formation, a sequence of fine-grained sediments which hosts extensive gold mines and historic prospects.

Cheela

Cheela project contains several historic gold prospects. Tambourah plans to conduct RC drill programs at selected targets. Tambourah has completed heritage surveys within the project at priority targets.

Achilles

The Achilles Ni-PGE-Cu project is located 235km north of Laverton and 200km east of Wiluna. It is highly prospective for hosting Ni-Cu-PGE in ultramafic rocks and REE in saprolite clays. Tambourah geologists have identified 22 discreet conductors from detailed airborne EM surveys completed in 2023. 3D modelling by Tambourah geologists of the AEM data has shown that limited historic drilling failed to intersect the drill targets.

Adam Range

Tambourah Metals has increased its prospective exploration holdings for REE with 3 new licence applications (E 38/3800, P 38/4564 and P 38/4565) comprising 108km2.

The AdamRange project is adjacent to the recently announced Mt Monger Resources highly anomalous TREO assay grades. which confirmed that the REE mineralisation contains a significant proportion of valuable heavy, magnet and critical rare earth oxides. The elevated assays reported as broad zones of shallow REE mineralisation hosted by saprolitic clays above interpreted fertile basement granitoids and gneissic rocks.