First Firetower Drill Hole Extends High-Grade Gold-Tungsten
Summary
Highlights
First drilling assay results from the 2026 Firetower diamond drilling program in northern Tasmania (100% owned) extends high-grade gold-tungsten-copper mineralisation at least 80m below previous drilling.
Extensional drill hole 2019FTD014E returned:
9.64m @ 2.49g/t Au, 0.29% WO3, 0.52% Cu, 0.04% Co and 9.9g/t Ag from 200.13m, including:
3.77m @ 4.30g/t Au, 0.30% WO3, 0.37% Cu, 0.13% Co and 11.24g/t Ag from 200.13m, and
1.47m @ 4.62g/t Au, 1.10% WO3, 2.20% Cu, 0.07% Co and 29.42g/t Ag from 208.3m
Gold-tungsten mineralisation now confirmed beyond 200m vertical depth and remains open at depth and along strike.
Two additional diamond drill holes targeting down-dip and along-strike extensions completed, with assay results pending.
High-grade copper (1.47m @ 2.20% Cu) recorded within the gold-tungsten zone, highlighting Firetower’s copper potential.
Results continue to strengthen confidence in the continuity, scale and resource potential of the Firetower gold-tungsten mineral system.
The current drilling program of up to 10 holes ongoing.
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