Pioneer Resources Encouraged by Cade Drilling Results

THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) received assay results from the final 11 holes of a recent drilling program completed at the company’s 100 per cent-owned Pioneer Dome project in Western Australia.

The Resources Roadhouse managed a quick chat with Pioneer Resources managing director David Crook at the 2019 Brisbane Resources Round-up.

Pioneer Resources carried out the drilling that tested two of four lithium-caesium-tantalum (LCT) pegmatite targets, resulting in the discovery of the Cade spodumene deposit.

The drilling also encountered intersections of mineralisation at Spodumene Target 1.

Assays have been received for holes PDRC278 through PDRC288, and include:

From the Cade deposit, intersections of low iron spodumene:

PDRC278
15 metres at 1.48 per cent lithium oxide (Li2O);

PDRC287
13m at 1 per cent Li2O; and

PDRC288
15m at 1.13 per cent Li2O.

From the CNE target, which was an unrecognised pegmatite located immediately northeast of the Cade deposit:

PDRC282
4m at 1.22 per cent Li2O.

From Spodumene Target 1, which outcrops approximately 2km west of the Cade Deposit:

PDRC291
10m at 1 per cent Li2O.

Pioneer noted that all mineralised pegmatites remain open and that drilling is expected to resume in November to further determine their dimensions.

The company highlighted that the four targets it has identified to date have same apparent orientation and dip, suggestive of regional pegmatite stacking.

“The Cade deposit is a significant low-iron spodumene discovery confirmed by our first pass of drilling,” Pioneer Resources managing director David Crook said in the company’s announcement to the Australian Securities Exchange.

“This is testament to the way Pioneer approaches exploration and provides us with an outstanding starting base from which we hope to build a substantial lithium project.”

The drilling scheduled to resume in November will initially target mineralisation at Spodumene Target 1 and the CNE pegmatite, as well as other substantiated geochemical and geophysical targets, including anomalies identified by deep ground penetrating radar (DGPR) survey that is currently in progress.

In addition, six diamond core holes will be drilled into the Cade spodumene deposit to test the proposed plunge of the mineralisation and to produce samples for metallurgical testing.

 

Email: info@pioresources.com.au

Web: www.pioresources.com.au

 

Blackstone Minerals Hits More Nickel Sulphide Intersections at Ta Khoa

THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) enjoyed a good start to the 2019 Brisbane Resources Roundup by reporting on the second round of results from maiden drilling at the company’s Ta Khoa nickel project in Northern Vietnam.

The Resources Roadhouse caught up with Blackstone Minerals managing director Scott Williamson at the 2019 Brisbane Resources Round-up.

Blackstone Minerals said the second round of results from diamond drilling at the Ta Khoa project delivered further substantial intersections of disseminated nickel sulphide as well as noteworthy PGEs.
The maiden drilling results from the latest six drill holes in the program include:

BP19-04
16.6 metres at 0.34 per cent nickel, 0.04 per cent copper, 0.01 per cent cobalt and 0.07 grams per tonne PGE from 104.4m;

BP19-05
15.8m at 0.57 per cent nickel, 0.07 per cent copper, 0.01 per cent cobalt and 0.26g/t PGE from 118.2m;

BP19-06
27.7m at 0.88 per cent nickel, 0.09 per cent copper, 0.01 per cent cobalt and 0.74g/t PGE from 101m;

BP19-08
29.4m at 1.00 per cent nickel, 0.12 per cent copper, 0.02 per cent cobalt and 0.6g/t PGE from 140.6m;

BP19-09
11.9m at 1.46 per cent nickel, 0.15 per cent copper, 0.02 per cent cobalt and 1.09g/t PGE from 107m; and

BP19-10
33.3m at 0.80 per cent nickel, 0.09 per cent copper, 0.01 per cent cobalt and 0.37g/t PGE from 136.9m.

“Drilling at Ta Khoa continues to deliver significant intersections of disseminated nickel sulphide and, with the recently identified potential for substantial platinum group element (PGE) credits, the Ban Phuc DSS is shaping up to be a globally significant nickel sulfide system,” Blackstone Mineral managing director Scott Williamson said in the company’s announcement to the Australian Securities Exchange.

Blackstone is the first company to assay the Ban Phuc DSS for PGEs that has resulted in the recent uncovering of what it considers as a previously unrecognised opportunity.

Previous operators focused on the Ban Phuc MSV, which has relatively low PGE grades, and hence did not consider or investigate the full potential of the PGEs throughout the Ta Khoa project.

Blackstone feels its maiden PGE assays combined with the abundance of disseminated nickel sulphide targets suggest PGEs associated with disseminated nickel sulphide mineralisation could greatly improve the economics of the Ta Khoa nickel project.

 

Email: admin@blackstoneminerals.com.au

Web: www.blackstoneminerals.com.au

 

Hammer Metals Kicks Off Bronzewing South Follow-up Drilling Program

THE DRILL SERGEANT: Hammer Metals (ASX: HMX) recently commenced an aircore drilling program at the company’s Bronzewing South gold project located in the Yandal Belt of Western Australia.

Hammer Metals is conducting the 15,000 metres aircore program to test multiple targets along-strike from the 1.07 million-ounce Orelia deposit held by Echo Resources (ASX: EAR).

The drilling will test four targets within the prospective mineralised trends that extend for a distance of 14 kilometres along strike to the north of Orelia.

The Resources Roadhouse spoke with Hammer Metals managng director at the recent 2019 Brisbane Resources Round-up.

Hammer noted that previous historic RAB and its own aircore drilling on the structure north of the Orelia deposit averaged 30m in depth and outlined numerous bottom-of-hole gold anomalies that will be followed-up.

“This is the second Hammer program to be undertaken on the Bronzewing south project,” Hammer Metals chairman Russell Davis said in the company’s announcement to the Australian Securities Exchange.

“The Orelia trend has multiple zones of gold anomalism which warrant further definition before follow-up with RC drilling.

“The Hammer program will commence to test four of these zones.

“It is anticipated that results will be progressively announced from late October onwards.”

 

Email: info@hammermetals.com.au

Web: www.hammermetals.com.au

 

Comet Resources Scores High Results Graphite From Springdale Diamond Drilling

THE DRILL SERGEANT: Comet Resources (ASX: CRL) CEO Philippa Leggat provided some interesting insight to the latest results from the company’s Springdale graphite project in Western Australia at the 2019 Brisbane Resources Round-up.

Comet Resources had announcedhigh-grade results from the first hole of a recent diamond drilling program conducted at the company’s Springdale graphite project.

Comet Resources announced the first diamond drill hole targeting identified high-grade graphite mineralisation in the Northern Zone intersected 57 metres of high-grade graphite, from just 35.5 metres downhole.

Impressive assay results were returned from hole HD024 that was drilled at the easternmost end of the North zone, intersecting a wide high-grade graphite interval of:

57 metres at 22.38 per cent total graphitic carbon (TGC) from 35.5m using a 1 per cent TGC cut-off.

Comet said that graphite grades encountered throughout the zone were consistently high and that they clearly correlate with the massive graphite mineralisation observed in the core.

The company explained that hole HD024 had been designed as a PQ metallurgical angle scissor hole testing earlier-drilled vertical RC hole HR0126, which had intersected 46m at 12.16 per centTGC from 38m, including 17m at 19.9 per cent TGC from 51m.

The company observed that Total Graphitic Carbon assays for both holes at the intersection cross point are very similar, confirming good grade consistency between RC and diamond drill holes.

From core observations, Comet considers it is possible that HD024 has been drilled sub-parallel to the fold structure and is probably not reflective of expected true width of mineralisation.

“What wonderful results from the first diamond drill hole into the Northern Zone, especially considering how high the grade is over such a broad zone,” Comet Resources CEO Philippa Leggat exclaimed in the company’s announcement to the Australian Securities Exchange.

“It also reconfirmed the company’s strategy to focus on the shallow, high-grade mineralisation at Springdale.

“Diamond core from this hole is now in the metallurgical lab for characterisation and floatation testwork.

“From this work and over the coming weeks, we anticipate a series of important results relating to initial recoveries and flake distribution.

“On from that we will continue to optimise the results across a broader range of samples.

“This is an exciting time for Comet, with the balance of our drilling results to come and metallurgical results to follow, investors can expect great news flow over coming weeks and months.”

 

Email: comet@cometres.com.au

Web: www.cometres.com.au

 

Anglo Australian Resources Expands Mineralised Footprint at Mandilla Gold Project

THE DRILL SERGEANT: Anglo Australian Resources (ASX: AAR) chairman John Jones sat down with The Resources Roadhouse at the recent 2019 Brisbane Resources Round-up.

Anglo Australian Resources had just reported on progress of reverse circulation (RC) drilling underway at the Mandilla East prospect, part of the company’s 100 per cent-owned Mandilla gold project, located south of Kalgoorlie in Western Australia.

Anglo Australian Resources said the drilling has confirmed good continuity of mineralisation within the existing resource area with some outstanding intersections recorded, including:

MDRC103
99 metres at 1.47 grams per tonne gold from 36m

MDRC104
163m at 1.75g/t gold from 37m, including 90m at 2.45g/t gold from 39m

MDRC105
35m at 1.42g/t gold from 84m

MDRC106
18m at 1.55g/t gold from 67m

MDRC106A
8m at 1.09g/t gold from 63m
64m at 0.64 /t gold from 101

MDRC107
58m at 1.52g/t gold from 59 m
1m at 7.72g/t gold from 136m
20m at 2.1g/t gold from 172m

MDRC108
56m at 0.61g/t gold from 72m

MDRC111
32m at 0.75g/t gold from 13m
7m at 2.27g/t gold from 95m
17m at 0.75g/t gold from 142m

MDRC112
6m at 2.05g/t gold from 91m
40m at 0.63g/t gold from 136m

MDRC113
56m at 1.36g/t gold from 101m, including 1m at 42.35g/t gold from 143m

MDRC140
4m at 1.82g/t gold from 191m

“These new assay results continue to deliver excellent widths and grade, confirming that the Mandilla Gold Project has an extensive strike length whilst remaining open at depth,” Anglo Australian Resources chairman John Jones said in the company’s announcement to the Australian Securities Exchange.

“Ongoing drill campaigns will likely continue to expand the footprint of the syenite-hosted gold mineralized system.

“All the evidence to date points to there being significant potential for bulk open-pit mining style mineralisation at Mandilla.”

 

Email: info@anglo.com.au

Web: www.anglo.com.au

 

Blackstone Minerals Encounters Further Broad Nickel Sulphide Intersections at Ta Khoa

THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) enjoyed a good start to the 2019 Brisbane Resources Roundup by reporting on the second round of results from maiden drilling at the company’s Ta Khoa nickel project in Northern Vietnam.

The Resources Roadhouse caught up with Blackstone Minerals managing director Scott Williamson at the 2019 Brisbane Resources Round-up.

Blackstone Minerals said the second round of results from diamond drilling at the Ta Khoa project delivered further substantial intersections of disseminated nickel sulphide as well as noteworthy PGEs.
The maiden drilling results from the latest six drill holes in the program include:

BP19-04
16.6 metres at 0.34 per cent nickel, 0.04 per cent copper, 0.01 per cent cobalt and 0.07 grams per tonne PGE from 104.4m;

BP19-05
15.8m at 0.57 per cent nickel, 0.07 per cent copper, 0.01 per cent cobalt and 0.26g/t PGE from 118.2m;

BP19-06
27.7m at 0.88 per cent nickel, 0.09 per cent copper, 0.01 per cent cobalt and 0.74g/t PGE from 101m;

BP19-08
29.4m at 1.00 per cent nickel, 0.12 per cent copper, 0.02 per cent cobalt and 0.6g/t PGE from 140.6m;

BP19-09
11.9m at 1.46 per cent nickel, 0.15 per cent copper, 0.02 per cent cobalt and 1.09g/t PGE from 107m; and

BP19-10
33.3m at 0.80 per cent nickel, 0.09 per cent copper, 0.01 per cent cobalt and 0.37g/t PGE from 136.9m.

“Drilling at Ta Khoa continues to deliver significant intersections of disseminated nickel sulphide and, with the recently identified potential for substantial platinum group element (PGE) credits, the Ban Phuc DSS is shaping up to be a globally significant nickel sulfide system,” Blackstone Mineral managing director Scott Williamson said in the company’s announcement to the Australian Securities Exchange.

Blackstone is the first company to assay the Ban Phuc DSS for PGEs that has resulted in the recent uncovering of what it considers as a previously unrecognised opportunity.

Previous operators focused on the Ban Phuc MSV, which has relatively low PGE grades, and hence did not consider or investigate the full potential of the PGEs throughout the Ta Khoa project.

Blackstone feels its maiden PGE assays combined with the abundance of disseminated nickel sulphide targets suggest PGEs associated with disseminated nickel sulphide mineralisation could greatly improve the economics of the Ta Khoa nickel project.

 

Email: admin@blackstoneminerals.com.au

Web: www.blackstoneminerals.com.au

 

Meteoric Resources Continues Juruena Golden Run

THE DRILL SERGEANT: Meteoric Resources (ASX: MEI) managing director Andrew Tunks spoke with The Resources Roadhouse at the 2019 Brisbane Resources Round-up.

Meteoric Resources had earlier announced the latest batch of assays from the company’s 100 per cent-owned Juruena gold project in Brazil.

Meteoric Resources has received assays from drill holes JUDD003 to JUDD008 of its maiden drilling program, the results from which have continued to produce fresh bonanza grade gold intercepts.

Gold assays received for latest batch of diamond drill holes, include:

JUDD008
14 metres at 81.7 grams per tonne gold from 142m, including 2m at 71.6g/t gold from 144.5m and 2.5m at 287.4g/t gold from 149m; and

JUDD007
3.5m at 15.3g/t gold from 124m, including 1m at 51.9g/t gold from 124m.

Meteoric explained that hole JUDD008 has extended the high‐grade core of mineralisation outside the Indicated portion of the Dona Maria Mineral Resource.

The JUDD008 intercept indicated above was encountered 30m south and around 40m down dip of JUDD001, which intersected 20.6m at 94.9g/t gold from 96.8m, including 3.65m at 508.4g/t gold from 107.5m, with potential that the bonanza grade portion extends even further to the south.

“We knew with the visible gold detected in Hole JUDD008 that the results would be very exciting indeed, but we are thrilled to report more significant intercepts such as fourteen metres at 81 grams per tonne gold in JUDD008 and three and a half metres at 51 grams per tonne gold in JUDD007,” Meteoric Resources managing director Andrew Tunks said in the company’s announcement to the Australian Securities Exchange.

“To date the initial drilling at Don Maria has been a great success and has given us the confidence to model a potential high‐grade ore shoot that we will test in a final deep hole at the end of the program.

“Holes JUDD09 to JUDD013 are being logged and sampled and we look forward to reporting the full results once the assays are returned in early November.

“At Juruena we are now moving our attention to the Tomate and Querosene prospects where we intend to drill a further 10 holes testing some high‐grade areas both inside and outside the known resources.”

Just nearby is Meteoric’s Novo Astro project, which along with Juruena is considered by the company to comprise the most prospective cluster of targets within its extensive Brazilian portfolio.

Previous artisanal mining at Juruena and Novo Astro has identified and exploited both alluvial and primary mineralisation resulting in the manual production of approximately one million ounces of gold.

The Juruena project was intensely drilled by several previous explorers, however, Novo Astro has only been explored by surface exploration meaning there has never been any drilling of Novo Astro to test the gold grade and depth extent of the surface alteration and mineralisation that has been mapped, and where Meteoric recently collected high‐grade rock chips up to 290g/t gold.

Drilling began at Novo Astro in early October, commencing at the José prospect, (Hole NADD005) where rock chip samples of over 200g/t were previously collected.

“I am also excited to report that drilling has now commenced at Novo Astro with the first hole collared into the José prospect on 2 October and expected to be complete by the 15th,” Tunks said.

“A more fulsome update will be provided once the core is geologically logged.”

 

Web: www.meteoric.com.au

 

Pioneer Resources Receives Cade Spodumene Drilling Results

THE DRILL SERGEANT: Pioneer Resources (ASX: PIO) received assay results from the final 11 holes of a recent drilling program completed at the company’s 100 per cent-owned Pioneer Dome project in Western Australia.

The Resources Roadhouse managed a quick chat with Pioneer Resources managing director David Crook at the 2019 Brisbane Resources Round-up.

Pioneer Resources carried out the drilling that tested two of four lithium-caesium-tantalum (LCT) pegmatite targets, resulting in the discovery of the Cade spodumene deposit.

The drilling also encountered intersections of mineralisation at Spodumene Target 1.

Assays have been received for holes PDRC278 through PDRC288, and include:

From the Cade deposit, intersections of low iron spodumene:

PDRC278
15 metres at 1.48 per cent lithium oxide (Li2O);

PDRC287
13m at 1 per cent Li2O; and

PDRC288
15m at 1.13 per cent Li2O.

From the CNE target, which was an unrecognised pegmatite located immediately northeast of the Cade deposit:

PDRC282
4m at 1.22 per cent Li2O.

From Spodumene Target 1, which outcrops approximately 2km west of the Cade Deposit:

PDRC291
10m at 1 per cent Li2O.

Pioneer noted that all mineralised pegmatites remain open and that drilling is expected to resume in November to further determine their dimensions.

The company highlighted that the four targets it has identified to date have same apparent orientation and dip, suggestive of regional pegmatite stacking.

“The Cade deposit is a significant low-iron spodumene discovery confirmed by our first pass of drilling,” Pioneer Resources managing director David Crook said in the company’s announcement to the Australian Securities Exchange.

“This is testament to the way Pioneer approaches exploration and provides us with an outstanding starting base from which we hope to build a substantial lithium project.”

The drilling scheduled to resume in November will initially target mineralisation at Spodumene Target 1 and the CNE pegmatite, as well as other substantiated geochemical and geophysical targets, including anomalies identified by deep ground penetrating radar (DGPR) survey that is currently in progress.

In addition, six diamond core holes will be drilled into the Cade spodumene deposit to test the proposed plunge of the mineralisation and to produce samples for metallurgical testing.

 

Email: info@pioresources.com.au

Web: www.pioresources.com.au

 

Cygnus Gold (ASX: CY5)

THE CONFERENCE CALLER: Cygnus Gold (ASX:CY5) has extended nickel anomalism on the back of results from soil sampling over the Bencubbin North nickel and base metals prospect within the company’s wholly owned Bencubbin project in the Wheatbelt region of Western Australia.

Cygnus Gold has also announced a high-grade gold intersection at the company’s Stanley project in the Wheatbelt of Western Australia.

The Resources Roadhouse caught up with Cygnus Gold managing director James Merrillees at the RIU Resources Investor Roadshow in Melbourne to get the low down on proceedings.

CLICK ON THE PIC BELOW TO VIEW VIDEO

With the surface sampling having extended the nickel-copper and copper-lead-zinc prospectivity at Bencubbin North, outlining widespread PGE anomalism consistent with potential for magmatic nickel-copper sulphide mineralisation, Cygnus Gold has declared it intends carrying out infill sampling to refine targets for drill testing with sampling to commence on the highest priority targets.

Cygnus is also planning to commence sampling on the Bencubbin South tenement over extensions of the Bencubbin Greenstone as well as further sampling of the Mandiga Trend, located at the southern end of Bencubbin North project, which it considers highly prospective for base metals.

Drilling is planned in the second half of the year once it has received and interpreted these results.

 

Email: info@cygnusgold.com

Web: www.cygnusgold.com

 

Triton Minerals (ASX: TON)

THE CONFERENCE CALLER: Triton Minerals (ASX: TON) is an emerging graphite producer with three world class graphite projects in the Cabo Delgado region of Northern Mozambique that the company considers to be, arguably, one of the world’s best locations for graphite.

The Triton Board has approved development of the company’s flagship Upulo (Ancuabe) graphite project and early works activities are well underway with mining and processing scheduled commence in the first half of 2020.

Ancuabe’s large flake and high purity graphite is a key differentiator and is well positioned to be a market leader in the expandable graphite market.

The Roadhouse spent an interesting couple of minutes with Triton Minerals managing director Peter Canterbury at the RIU Resources Investor Roadshow in Melbourne.

CLICK ON THE PIC BELOW TO VIEW VIDEO

Ancuabe is complemented by two other assets that provide a project pipeline for development or Joint Venture partnership and include the world’s largest combined graphite and vanadium deposit, Nicanda Hill, that Triton believes to be ideally suited to the battery market.

 

Email: info@tritonminerals.com

Web: www.tritonminerals.com