Hi Ho, Hi Ho, it’s off to work we go
THE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week.
Drilling at Apollo Hill and Stockdale
Peel Mining (ASX: PEX) is currently aircore drilling at Apollo Hill and a new prospect known as Stockdale.
The Apollo Hill drilling is designed to test for extensions to existing gold mineralisation; with a minimum of 12 drillholes planned to test for a north-western extension to the Ra Zone mineralisation, and a minimum of six drillholes planned to test for a south-eastern extension of the Apollo Hill Main Zone mineralisation.
The Stockdale prospect is located about 15km southeast of the Apollo Hill deposit and is a part of Peel’s Mud Hut project area, which comprises new ELAs contiguous with Peel’s Apollo Hill tenements and covers ground the company considers prospective for further gold mineralisation.
Drilling copper targets in the NT
Core Exploration (ASX: CXO) has commenced drilling at a number of copper targets on the company’s 100 per cent‐owned Albarta project, north east of Alice Springs in the Northern Territory.
Reverse Circulation (RC) drilling is underway at the Virginia prospect and will then move to additional copper targets in the Copper Royals district.
Recent AEM (Airborne Electromagnetics) surveys have delineated a conductive drill target below the outcropping copper mineralised zone at Virginia.
On completion of the drilling at Virginia a number of copper targets will also be drilled in the Copper Royals district located approximately 20km to the west of Virginia.
Recommencement of Drilling at Mt Windarra
Poseidon Nickel (ASX: POS) has recommenced underground drilling at Mt Windarra.
The purpose of the drilling is to test extensions to the Upper G shoot zone which were developed during the company’s last drilling program.
Poseidon said the defined region of the mineralised ore body may provide early cash flow as it is close to the existing decline at a level already fully rehabilitated.
The program is designed to speed up first ore deliveries in advance of when the main deeper C, D and G Shoot ore bodies can be mined.
Poseidon has estimated this drilling program could reduce the development time to first ore by two months down to a total of four months.
Redback RC Drilling Program Commenced
Tychean Resources (ASX: TYK) has commenced a 20 drill hole, Reverse Circulation (RC) drilling program at the Redback prospect within the company’s wholly-owned Spargoville gold project in the Eastern Goldfields of Western Australia.
The RC drilling is designed to extend and infill the high-grade Eastern Zone mineralisation which has been intersected over a collective strike extent of 100 metres.
All results from the RC drilling are expected to be received by the end of December 2014.
Drill program to commence first week of December
Mithril Resources (ASX: MTH) is gearing up to commence a reverse circulation drill program to test four priority copper-nickel targets at the Nanadie Well project scheduled for the first week of
December 2014, subject to a successful completion of a current Rights Issue.
Nanadie Well is located 80 kilometres south east of Meekatharra in Western Australia and includes the Stark copper-nickel prospect and the Nanadie Well copper deposit (151,506 tonnes copper metal).
The drill targets are located at, and along strike from Stark (the Northern, Central and Southern EM conductors) and the Nanadie Well deposit (Nanadie Well North).
Stark is a recently identified 800m long zone of sub-cropping, copper-nickel-PGE mineralisation (where recent auger bedrock sampling returned up to 0.94 per cent copper, 0.28 per cent nickel, and
1,240ppb platinum + palladium- PGE’s) within weathered mafic rocks.
Mithhril’s recent electromagnetic (EM) geophysical surveying identified three new conductors (termed the ‘northern’, ‘central’, and ‘southern’ conductors) at, and immediately along strike from Stark; none of which have been previously drilled.
Drilling underway at Turner River base metals project
De Grey Mining (ASX: DEG) has commenced its planned drilling program at the Turner River zinc and silver base metal project.
The six hole RC program is expected to take two weeks to complete drilling.
First assay results from the drilling program are expected prior to Christmas with the remainder to come after then.