Tennant Consolidated Mining Group Geophysics and Drilling Collaboration Round 15 Final Report Nobles Nob Deeps Project

Abstract

Nobles Nob is a Tennant Creek style Iron Oxide Copper Gold (IOCG) deposit. To date 1.12 Moz of gold have been won from the deposit. The mined area to date has been associated with the oxide hematite zone of the deposit, which is effectively the near surface supergene part of the deposit. Similar deposits in the area such as Juno (4km to the west) have extensive primary mineralisation at depth. The Nobles Deeps 2022 diamond program is designed to test for the roots of the system and follow up on promising hits from the few previous deep drillholes. Drilling on the Nobles Deeps Project (the project) was conducted between July and October 2022. Downhole geophysics, logging and assays occurred in the following months. Four collaboration holes were part of an eight hole diamond drilling program to test deeper geophysical targets associated with the Nobles Nob system. Encouraging zones of elevated base metals were encountered, associated with sulphide mineralisation. No intercepts of ore grade mineralisation were intercepted during the drilling campaign.