Stay Informed

The merit of Tambourah Metals’ (ASX: TMB) exploration strategy for its Achilles nickel project has been recognised with the company being awarded an EIS grant for co-funded drilling by the Western Australian government. Tambourah’s application was one of 36 recipients selected for the recent EIS co-funded drilling grants. The company is planning to commence its drilling campaign at Achilles, which is located in the district scale nickel sulphide region of north-east Laverton, from December 2023.

Tambourah Metals (ASX: TMB) has completed a reverse circulation drilling program at its Shaw River lithium-tin-tantalum project in Western Australia. The program was designed to test pegmatite mineralisation within the project acreage as well as mapped pegmatites at the historic Shaw River tin mining area. It comprised 13 holes for a total of 1,260 metres and followed reconnaissance sampling and mapping at several locations which identified outcropping pegmatites.

Tambourah Metals (ASX: TMB) has completed the first drilling campaign in 125 years at the historic World’s Fair gold project in Western Australia’s Pilbara region. The company’s reverse circulation (RC) drilling program at World’s Fair commenced in late August within its large Tambourah gold project. The latest drilling program in the World’s Fair area was located 550 metres north of the Western Chief prospect, where there is no record of drilling being conducted since it was mined in 1898.

Australian Gold Conference 2023 presentation with Rita Brooks, Executive Chairperson, Tambourah Metals (ASX:TMB)

Tambourah Metals (ASX: TMB) has wasted no time in identifying the potential for a number of minerals critical to the global clean energy race. The company has already identified lithium potential in pegmatite swarms and registered elevated tin in samples taken from dumps located at the Shaw River lithium-tin-tantalum project in Western Australia’s Pilbara region. Tambourah only recently purchased Shaw River and several other lithium exploration projects from Minrex Resources (ASX: MRR) in July and the company is moving quickly to gain a better understanding of an area known to host significant multi-element mineral riches.‍

Tambourah Metals (ASX: TMB) has commenced drilling at its flagship Tambourah gold project in Western Australia’s Pilbara region. The reverse circulation campaign will comprise 20 holes for a total 2000 metres and will test for extensions to gold mineralisation at more than 30 historic prospects. First-pass targets have been identified following an electromagnetic Loupe survey at the highly-prospective Worlds Fair discovery, which is located 550m north of the Western Chief prospect.

Tambourah Metals (ASX: TMB) chairperson Rita Brooks joins Small Caps to discuss the company’s recent successful capital raising, upcoming drilling plans for its suite of Western Australian mineral assets and the appointment of a highly experienced new director. In early August Tambourah attracted strong market interest when it secured firm commitments to raise a total of $2.5 million. Those funds, along with the estimated injection of a further $1.2 million from a share purchase plan, will be used to accelerate activity at its critical and precious metals projects. A major focus will be the company’s plans to undertake drill programs in the rich Pilbara region, including the promising Tambourah gold and lithium project. The funds will also assist in advancing Tambourah’s strategic partnership with Chile powerhouse SQM in the exciting Julimar district north of Perth.Bringing a wealth of experience to those projects will be new director Wayne Richards. A 37 year industry veteran, his appointment has strengthened and enhanced the technical and corporate experience of the Tambourah board and management team.

Critical minerals explorer Tambourah Metals (ASX: TMB) has appointed mining executive Wayne Richards to its board of directors. Mr Richards has over 37 years experience in project study execution and development, mineral processing and corporate financing within the resources sector. He has performed executive and non-executive roles with publicly-listed companies in Australia and Johannesburg and has held senior roles with BHP Group (ASX: BHP) and Anaconda Nickel.

Just 10 days after announcing that rock chip sampling at the Russian Jack project in the Pilbara had resulted in encouraging assays, Tambourah Metals (ASX: TMB) has got away a $2.5 million placement. The company said it received strong support from sophisticated and professional investors, with demand exceeding the number of new shares available. A non-underwritten share purchase plan will target a further $1.2 million with existing shareholders offered stock at the same price, $0.235 per share.

Rock chip sampling by Tambourah Metals (ASX: TMB) at the Russian Jack project in the Pilbara has resulted in one assay returning a grade of 1% lithium. This find occurred 1km from the previously reported lithium-bearing pegmatites at the Russian Jack Northwest target. The company says it is stepping up exploration for lithium-caesium-tantalum (LCT) pegmatites at its newly acquired prospects, including at Haystack Well, which was one of six prospects bought this month from Minex Resources (ASX: MRR).