Musgrave Minerals and Evolution JV Identifies Large Gold Targets at Cue

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported on drilling carried out at its Lake Austin Joint Venture with Evolution Mining (ASX: EVN), at the company’s Cue project in the Murchison district of Western Australia.

Musgrave Minerals reported assay results from a recent regional scout aircore drilling program undertaken on the Lake Austin JV with Evolution Mining, the results from which the company claims to have strengthened its exploration model for a large mineralised gold system beneath Lake Austin.

The drilling has generated multiple high-priority basement gold targets for follow-up drill testing.

The results have extended the Lake Austin North gold anomalism to a strike of over 5.5 kilometres, extended a regolith gold target at West Island to over 2.3km in strike, and defined another regolith gold anomaly with over one kilometre of strike at the Mainland East target.

Lake Austin North

20MOAC031
6m at 4.2 grams per tonne gold from 116m, including 1m at 18.2g/t gold from 117m;

20MOAC041
9m at 2.25g/t gold from 136m to EOH;

20MOAC248
13m at 0.53g/t gold from 128m to EOH;

20MOAC023
20m at 0.3g/t gold from 130m; and

20MOAC032
28m at 0.29g/t gold from 96m to EOH.

West Island

20MOAC084
2m at 1.52g/t gold from 47m to EOH;

20MOAC095
3m at 1.15g/t gold from 99m to EOH;

20MOAC112
34m at 0.28g/t gold from 93m to EOH; and

20MOAC238
28m at 0.32g/t gold from 112m.

Mainland East

20MOAC164
4m at 0.76g/t gold from 66m; and

20MOAC145
4m at 0.18g/t gold from 8m to EOH.

“These aircore results continue to show the large scale of the gold system lying hidden under Lake Austin and support the company’s view on the prospectivity of this large area,” Musgrave Minerals managing director Rob Waugh said in the company’s announcement to the Australian Securities Exchange.

“The Lake Austin North gold anomaly now extends for over 5.5 kilometres in strike with additional new anomalies at West Island and Mainland East highlighting the potential of the system to host significant gold deposits.”

 

Email: info@musgraveminerals.com.au

Web: www.musgraveminerals.com.au

 

De Grey Mining Declares Brolga as Major Extension to Hemi Gold Discovery

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THE DRILL SERGEANT: De Grey Mining (ASX: DEG) reported on recent drilling activities undertaken at the Brolga Zone, situated within the company’s Hemi gold discovery near Port Hedland in Western Australia.

De Grey Mining claimed aircore drilling aon the Brolhga Zone has defined a major extension, measuring approx. 1000 metres long by 200 metres, wide of the Brolga intrusion.

The company said the results achieved by the drilling to have enhanced potential to expand near surface open pit resources.

Results of initial shallow aircore holes include:

BWAC491
16 metres at 2.4 grams per tonne gold from 40m;

BWAC492
8m at 2.2g/t gold from 52m; and

BWAC493
4m at 5g/t gold from 60m.

Of note, the company is still to receive around 90 per cent of results from the new shallow aircore at Brolga.

Additional RC and diamond achieved results at Brolga include:

HERC036D
55.3m at 1.9g/t gold from 184.7m;

HEDD002
6.13m at 4.8g/t gold from 220m;

HERC034D
18.21m at 1.5g/t gold from 254.79m;

HERC050
2m at 10g/t gold from 161m; and

HERC052D
16m at 1.4g/t gold from 177m.

“Hemi continues to demonstrate potential to be a large scale, world class deposit and the project area continues to demonstrate its prospectivity for further discoveries,” De Grey Mining newly-appointed managing director Glenn Jardine said I n the company’s announcement to the Australian Securities Exchange.

“It has been a sharp learning curve at Hemi for the exploration team and this new discovery is a credit to their targeting from that learning.

“The new discovery appears to be analogous to the early stages of the initial Brolga discovery.

“We see a lot more value still to come for investors in De Grey.

“With this in mind, we are increasing our drilling effort from four rigs to six rigs during June.

“The focus of drilling will continue to be on defining the extent of known mineralisation at Hemi and new discoveries moving into the many regional intrusion and shear zone targets.

“To complement the scale and extent of near surface mineralisation at Hemi, the project is blessed with world class infrastructure.

“Everything that we need is on our doorstep including high voltage power, gas pipelines and major highways all within 25 kilometres of the project area and an hour drive from Port Hedland, a major transport and services hub.

“We are also highly encouraged to continue our early stage environmental, infrastructure and metallurgical studies.”

De Grey Mining has Hemi shaping up as a world class, large scale deposit where the company is continuing to drill in order to determine the extent of the Hemi mineralisation with the expectation that overall project resources will increase from the current 2.2 million ounces.

The company said it has at least four other look-alike intrusion targets already defined in the immediate region surrounding Hemi, three of which have known ore grade mineralisation.

A detailed airborne magnetic survey was recently completed and will be used to further improve and enhance targeting.

 

Email: admin@degreymining.com.au

Web: www.degreymining.com.au

 

Kin Mining Drilling Continues Cardinia Gold Project Growth

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THE DRILL SERGEANT: Kin Mining (ASX: KIN) reported final assay results from recently completed Reverse Circulation (RC) and air-core (AC) drilling at the company’s 100 per cent-owned Cardinia gold project (CGP) near Leonora in Western Australia.

Kin mining conducted the drilling at the Cardinia Hill prospect (RC) and at the Helens East prospect (AC), both located approximately 2.5 kilometres from the proposed CGP processing plant site.

Assays were received for the remaining nine RC holes drilled at the Cardinia Hill discovery as well as a small extension to the air-core drilling program at Helens East.

Results include:

Cardinia Hill RC

CH20RC035
8m at 3.81 grams per tonne gold from 4m;

CH20RC038
8m at 2.38g/t gold from 18m and 9m at 2.31g/t gold from 56m;

CH20RC037
4m at 5.15g/t gold from 32m and 6m at 1.92g/t gold from 66m; and

CH20RC040
9m at 1.72g/t gold from 42m.

Helens East AC

HE20AC328
4m at 0.55g/t gold from 28m.

Kin Mining said the new results further extended the footprint of the Cardinia Hill discovery along strike to the north and down-dip, while also suggesting the presence of a cross-cutting structural host to the mineralisation, as opposed to the stratigraphy-parallel interpretation initially developed.

“We are continuing to build the geological picture at Cardinia Hill, with the latest results providing further important insights into what appears to be a significant zone of shallow mineralisation extending over a 500 metres strike length,” Kin Mining managing director Andrew Munckton said in the company’s announcement to the Australian Securities Exchange.

“The final batch of assays from the recent RC program have continued to define high-grade zones and confirmed extensions of the mineralisation along strike to the north and down-dip.

“We now have a much clearer picture of the orientation and controls on the mineralised lodes, and we are looking forward to getting back into the field as soon as possible to drill out this exciting discovery to facilitate a maiden JORC Mineral Resource estimate.

“Cardinia Hill is just one of several emerging areas that we plan to drill aggressively in the coming months.

“While the final assays from the air-core program at Helens East were unsuccessful in confirming a significant northern extension of the Cardinia Hill mineralisation, there is plenty of follow-up work to do at Helens East and Helens South.

“We are awaiting final assays from Lewis East, which should be reported shortly, and planning is already underway on our next phase of exploration – which will encompass Cardinia Hill, Helens South/East, Comedy King/Faye Marie and other emerging areas that will be described more fully in an Exploration Update to be provided in the coming weeks.”

 

Email: info@kinmining.com.au

Web: www.kinmining.com.au

 

Musgrave Minerals Impresses With First Holes Drilled at Starlight Gold Discovery

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) received assay results for the first twelve reverse circulation (RC) drill holes from drilling underway at the company’s 100 per cent-owned ground at the Cue gold project in the Murchison district of Western Australia.

Musgrave Minerals reported results from drilling undertaken at the new Starlight gold discovery where mineralisation is currently interpreted to be close to the existing Break of Day resource.

All the intersections returned from Starlight to date sit outside the current resource at Break of Day.

A combination of six metre composites and one metre individual samples have been analysed from the RC holes drilled in the current program at Starlight.

All six-metre composite samples above 0.1 gram per tonne gold will be re-submitted for individual one-metre sample analysis.

Intercepts of note include:

20MORC033
12m at 112.9 grams per tonne gold Au from 36m (6m composite samples), including 6m at 143g/t gold from 42m;

20MORC032
48m at 4.4g/t gold from 30m (combination of 6m composite and 1m samples), including 4m at 41.8g/t gold from 30m (1m samples), including 1m at 104.4g/t gold from 31m, and 2m at 13.5g/t gold from 76m (1m samples);

20MORC025
7m at 13.7g/t gold from 114m (1m samples), including 4m at 22.9g/t gold from 116m;

20MORC021
6m at 5.7g/t gold from 81m (1m samples); and

20MORC022
6m at 5.2g/t gold from 176m (1m samples).

“This is a great start to the program and confirms the current model extending the mineralisation both up dip where it approaches the surface and down dip where it remains open,” Musgrave Minerals managing director Rob Waugh said in the company’s announcement to the Australian Securities Exchange.

“The bonanza high-grade, near surface mineralisation will enhance the open cut development potential of the deposit while the deeper mineralisation will enhance the underground potential.”

Musgrave Minerals was a winner from the recent Western Australian Government’s 2020-21 Exploration Incentive Scheme (EIS) raffle, and is to receive $150,000 towards diamond drilling deep extensions to the mineralisation.

 

Email: info@musgraveminerals.com.au

Web: www.musgraveminerals.com.au

 

Blackstone Minerals Intersects Ban Chang MSV

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THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has intersected massive sulphide in two drill holes at Ban Chang, part of the company’s Ta Khoa nickel-PGE project in Vietnam.

Blackstone Minerals drilled the two holes more than 200 metres apart and along strike within a 1.2 kilometres-long massive sulphide target zone it had defined by high priority electromagnetic (EM) plates.

Drillhole BC20-01 intersected 1.05 metres MSV from 58.5m and 0.5m of sulphide veinlets from 59.5m.

The second hole, BC20-02 intersected 1.2m MSV from 87.0m.

The drilling is part of an ongoing campaign Blackstone is conducting to target regional massive sulphide veins (MSV) as it aims to build its resource inventory at Ta Khoa.

Blackstone currently has a second drill rig in operation being used by its in-house geophysics team throughout the Ta Khoa nickel sulphide district, testing high priority EM targets generated from 25 MSV prospects including King Snake, Ban Khoa, Ban Chang, and Ban Khang.

“It’s exciting to be targeting massive sulphide veins and achieving intersections within a few metres of the modelled EM plates – this is a great sign for the future of the Ta Khoa nickel-PGE project,” Blackstone Minerals managing director Scott Williamson said in the company’s announcement to the Australian Securities Exchange.

“With the advantage of an in-house geophysics team, we are extremely well positioned to unlock this world-class geology and understand the full potential of our flagship asset.

“Our second drill rig will continue to drill high priority EM plates and look to delineate potential high-grade massive sulfide orebodies, akin to the successful Ban Phuc nickel mine, which was mined economically during some of the lowest nickel prices seen in the past decade.

“Our main drill rig continues to drill the King Cobra discovery zone at depth.”

 

Email: info@ausgoldlimited.com

Web: www.ausgoldlimited.com

 

Ausgold Commences EIS Co-Funded Drilling at Katanning

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THE DRILL SERGEANT: Ausgold Limited (ASX: AUC) has kicked off a high impact RC (Reverse Circulation) drilling program at the company’s 100 per cent-owned Katanning gold project (KGP) in Western Australia.

Ausgold anticipates completion of the 21-hole RC program in June.

The new drilling will target down hole electromagnetic (DHEM) targets Ausgold has identified within the Central Zone at KGP located along strike from areas of high-grade gold mineralisation intercepted at the Jinkas South and Jinkas areas.

Previous drillin intersected high-grade gold mineralisation at Jinkas South over a 400m strike length and the upcoming RC drilling will test a further 400m along strike extending beyond the current Resource while extending towards the down dip position of the current Jinkas Resource.

Six holes are planned to target the down-dip portion of Jinkas where there is relatively limited past drilling.

At the Burong prospect a Western Australia Government Exploration Incentive Scheme (EIS) co-funded RC drill program will target a previously encountered broad zone of gold mineralisation.

The new RC drill program will target this high-grade mineralisation with a six-hole program, following which an aircore program will commence along the eastern extension of the Burong – Datatine trend.

Ausgold also received a further grant of $150,000 under the WA Government EIS round 21 that will fund RC and diamond drilling at Jinkas North to test the extensions of high-grade gold mineralisation north along strike from the Jinkas deposit.

Ten holes are planned along a trend that has been identified in recent drilling and ground gravity surveying.

The drill targets will test the northern extensions of Jinkas, which extends along an 850m strike from the main Jinkas deposit and within the gap in the current Resource located between the Olympia and Jinkas Resource areas.

“This new round of RC drilling follows up on targets identified in the recent rounds of drilling which have combined DHEM programs with recent drilling,” Ausgold managing director Matthew Greentree said in the company’s announcement to the Australian Securities Exchange.

“The new EM targets have identified several potential strike extensions of the high grade Jinkas South lode which potentially extends for over one kilometre north beneath the current Jinkas Resource.

“These new targets have the potential to add high-grade ounces to the current the 1.2 million ounce gold Resource at Katanning.

“We are pleased to report that Ausgold has again been successful in our recent EIS grant application (Round 21), with a further validation of the innovative exploration we are undertaking at the KGP.

“Drilling funded by this latest EIS grant will help answer some key questions regarding the potential strike extent of high-grade gold mineralisation at the Jinkas deposit.

“The drilling has been designed to discover additional ounces by testing extensions of the Jinkas mineralisation at depth.

“In addition to the systemic drilling within the Resource areas Ausgold is exploring at the near regional Burong prospect, a newly identified structure seven kilometres from the main Resource.

“It is highly encouraging that all drill holes intercepted gold mineralisation in the last round of RC drilling with the highest-grade intercept of 1m at 6.47 grams per tonne gold at end of hole confirmed this area as a new discovery.

“The follow-up drill program at Burong is co-funded under the WA Government’s EIS scheme (Round 19) and new drilling along this trend has the potential to significant expand the project as a whole.”

 

Email: info@ausgoldlimited.com

Web: www.ausgoldlimited.com

 

Dreadnought Resources Drilling at Illaara

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THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has commenced a 12 hole RC drill program at the company’s Illaara gold-VMS project outside Kalgoorlie in Western Australia.

Dreadnought Resources’ drilling will commence with six holes spread across the Rodney, Warspite, Bismarck and Reindler’s VMS targets, all of which have been identified to contain outcropping gossans and conductive EM plates.

Drilling will then entail six holes undertaken at Metzke’s Find to infill 250m of strike beneath the deepest workings associated with a bend in the mineralised structure where previous drilling intersected encouraging gold hits.

“Six EM plates with coincident outcropping gossans will be drilled along with holes beneath the deepest workings and coincident structural bend at the Metzke’s Find,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.

“We have barely scratched the surface at Illaara with over 100 kilometres of prospective VMS horizon and numerous gold corridors at Central Illaara, Metzke’s and Lawrence’s.”

Once the above-mentioned drilling is complete, Dreadnought will undertake additional target definition work within the Illaara Central Corridor, Metzke’s Corridor, Eastern and Western VMS Horizons and at Rocky Dam followed by additional RC drilling in July/August 2020.

 

Email: info@dreadnoughtresources.com.au

Web: www.dreadnoughtresources.com.au

 

Blackstone Minerals Drilling Regional Ta Khoa Targets

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THE DRILL SERGEANT: Blackstone Minerals has commenced drilling regional massive sulphide vein (MSV) targets at the company’s Ta Khoa nickel-PGE project in northern Vietnam.

Blackstone Minerals is targeting MSV prospects analogous to the previously mined Ban Phuc MSV, where previous owners mined high-grade ore between 2013 and 2016.

Blackstone’s ground-based electromagnetics (EM) geophysics crew recently generated a 1km long massive sulphide target within a 12km long district-scale exploration corridor, which the company aims to test over the coming months.

Drilling continues at the King Cobra discovery zone (KCZ) at depth and a second drill rig has commenced drilling the district-scale massive sulphide targets that have been generated by Blackstone’s inhouse geophysics crew.

Blackstone’s second drill rig will follow the geophysics crew throughout the Ta Khoa nickel sulphide district, testing high-priority EM targets generated from 25 MSV prospects including King Snake, Ban Khoa, Ban Chang, and Ban Khang.

Historic work at the Ta Khoa Nickel-PGE project highlighted a district of high-grade nickel sulphide targets that have not been tested extensively.

Blackstone intends systematically explore these using modern techniques for broader zones of MSV, initially at the Ban Chang prospect.

“By using our in-house geophysics crew and our own drill rigs, we can cost effectively explore this globally significant nickel sulphide district using modern geophysical techniques to unlock the significant potential of the world-class geology,” Blackstone Minerals managing director Scott Williamson said in the company’s announcement to the Australian Securities Exchange.

“We see potential to increase annual nickel production from the Ta Khoa Nickel-PGE project through targeting high-grade massive sulphide veins to complement the base load nickel sulphide feed to be potentially mined from the Ban Phuc DSS and King Cobra discovery zone.”

 

Email: admin@blackstoneminerals.com.au

Web: www.blackstoneminerals.com.au

 

Apollo Consolidated Drills Encouraging Gold Hit at Lake Rebecca

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THE DRILL SERGEANT: Apollo Consolidated (ASX: AOP) reported on recent drilling results from the company’s 100 per cent-owned Lake Rebecca gold project near Kalgoorlie in Western Australia.

Apollo Consolidated received results from two diamond holes drilled as part of an ongoing drilling program at the Lake Rebecca project, both of which tested extensional targets below the Rebecca deposit.

The company’s ongoing extensional drilling continues to demonstrate the strength of the Rebecca mineralised system, which comprises three major sub-parallel structures containing zones of disseminated sulphide hosted gold mineralisation – Jennifer, Laura and Maddy.

The mineralised structures are interpreted to potentially represent limbs of a fold arrangement that has repeated structures in the central portion of the Rebecca deposit.

The Rebecca deposit contains a Mineral Resource of 775,000 ounces of gold at 1.3g/t gold and represents a substantial component of the combined in-situ pit-constrained Mineral Resources of 1.035 million ounces at 1.2g/t gold at the project.

Diamond hole RCDLR0454 was drilled to test a down-dip extensional target below the Maddy structure.

This encountered an intercept of 22 metres at 3.44 grams per tonne gold, including a central high-grade zone of 13m at 5.19g/t gold, including 1m at 32.26g/t gold.

This intercept came approximately 120m below previous Maddy hits and has given Apollo further confidence that mineralisation and potential high-grade zones continue below current Mineral Resources.

“Ongoing diamond drilling will build geological confidence around this intercept, as well as continuing to test down-dip extensions of high-grade intercepts on the Laura structure,” Apollo Consolidated said in its ASX announcement.

“Several additional pre-collar RC holes have been completed in preparation for this work.”

An additional 13 step-out exploration and pre-collar RC holes have been drilled in the Rebecca deposit area and the company is now awaiting assay results for these.

RC drilling will next progress to follow-up promising new gold intercepts encountered at the Duchess NE target and then onto conduct extensional drilling at the Duchess and Duke Mineral Resources.

 

Email: info@apolloconsolidated.com.au

Web: www.apolloconsolidated.com.au

 

Kin Mining Drill Results Highlight Cardinia Gold Potential

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THE DRILL SERGEANT: Kin Mining (ASX: KIN) reported the latest assay results it has received from recent air-core and Reverse Circulation (RC) drilling at the company’s 100 per cent-owned Cardinia gold project near Leonora in Western Australia.

Kin Mining took receipt of assay results from RC drilling undertaken at the Comedy King prospect and air-core (AC) drilling at Comedy King and the Faye Marie prospects, located approximately 2.7 kilometres from the proposed processing plant site at Cardinia.

The assays results came from 12 Reverse Circulation (RC) holes drilled at Comedy King as well as 104 air-core holes drilled at Comedy King and 51 air-core holes drilled along the Faye Marie.

Better hits included:

Comedy King AC

CK20AC193
4 metres at 113 grams per tonne gold from 0m.

Comedy King RC

CK20RC142
2m at 8.1g/t gold from 37m;

CK20RC146
3m at 1.5g/t gold from 70m; and

CK20RC131
2m at 1.98g/t gold from 7m.

Faye Marie AC

FM20AC019
8m at 3.01g/t gold from 36m; and

FM20AC028
4m at 1.29g/t gold from 20m.

Kin Mining said the results build on the previous air-core drilling results from Comedy King and combine with the recent drilling at Faye Marie, supported by surface gold geochemistry, to demonstrate a coherent zone of gold mineralisation extending over a strike length of up to 3km.

The company also noted the intercept of 4m at 113g/t gold from surface at Comedy King, saying this highlights the potential for the Cardinia area to host extremely high-grade gold.

“Our exploration-driven strategy at the Cardinia gold project is continuing to gather momentum, with the latest batch of results demonstrating the potential for a large and coherent gold system extending from Faye Marie to Black Chief in the south and across to Comedy King,” Kin Mining managing director Andrew Munckton said in the company’s announcement to the Australian Securities Exchange.

“The bonanza grade intercept of 4m at 113 grams per tonne from surface is a standout for air-core drilling, and clearly demonstrates the potential for exceptionally high gold grades at the Cardinia project.

“We are also developing a clearer understanding of the orientation and controls of the mineralisation in the Comedy King-Faye Marie-Black Chief corridor, and this area will be one of a number of areas to follow up in our next phase of drilling.

“In the meantime, a significant number of assay results are still in the pipeline from Cardinia Hill and Lewis East.

“We expect to receive these results over the next week or so with the objective of wrapping up all of the results from this phase of drilling by early June and planning our next exploration campaign thereafter.”

 

Email: info@kinmining.com.au

Web: www.kinmining.com.au