Riversgold fields exceptional gold and copper results at Tambourah

Proactive - Interviews for investors

Riversgold Ltd (ASX:RGL) chairman David Lenigas sits down with Proactive’s Jonathan Jackson to discuss excellent results stemming from a site visit to sample multiple prospects at its Tambourah Project. David, good to see you. During the visit Riversgold sampled multiple prospects at Tambourah, located 160 kilometres southeast of Port Hedland in Western Australia. The visit returned exceptional rock chip results, including 101 g/t gold and 21.78% copper. These findings validated historical exploration results and confirmed an anomalous copper and gold trend over a 12-kilometre strike length. Significant results included a rock chip from the Lone Star prospect with 101 g/t gold and 4.1% copper, and samples from the Hawkstone prospect yielded 21.78% copper and 3.3 g/t gold, and 16.78% copper and 2.4 g/t gold. Additionally, the Logans Find prospect registered up to 67.1 g/t gold. This news increased RGL's share price by up to 33.33% to 0.008 during morning trade. Lenigas described the results as a tremendously exciting development, highlighting the potential for further exploration driven by these surface findings. The company is focusing on the copper and gold potential at Tambourah as part of its broader exploration strategy. Technical director Ed Mead, who sampled the areas during the site visit, identified several gabbro intrusions that could be the source of the mineralisation. Riversgold plans to continue exploration in the coming weeks. Riversgold targeted five prospects for copper and gold at Tambourah -Logans Find, Lone Star, Hawkstone, Shaw Mullock and Trafalgar. The company is updating its regional geological modelling to revise the exploration strategy for the entire Tambourah Project. #ProactiveInvestors #Riversgold #ASX #TambourahProject #GoldMining #CopperMining #Exploration #WesternAustralia #MiningNews #Gold #Copper #StockMarket #Investing #Geology #RockChipResults #MiningIndustry #DavidLenigas #EdMead #Mineralisation #GabbroIntrusions #HistoricalExploration #GeologicalModelling #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews