Tietto Minerals Drills Côte d’Ivoire Gold Hits

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THE DRILL SERGEANT: Tietto Minerals (ASX: TIE) reported high‐grade gold results from infill drilling completed at AG South, part of the company’s 3.45 million ounce Abujar gold project in Côte d’Ivoire West Africa.

Tietto Minerals has now added more high‐grade gold intercepts from infill drilling at AG South on the main Abujar Shear at Abujar.

Results include:

ZDD1068 ‐Section 11C
4 metres at 14.49 grams per tonne gold from 43m, including 1m at 55.13g/t gold;

ZDD1036 – Section 7C
2m at 27.65g/t gold from 86m, including 1m at 46.09g/t gold;

ZDD1062 – Section 10C
3m at 10.93g/t gold from 61m, including 1m at 32.03g/t gold; and

ZDD1073 – Section 5A
2m at 11.06g/t gold from 155m, including 1m at 21.57g/t gold.

“I am very pleased to see further high‐grade intercepts from the second batch of assay results for infill drilling at AG South, where we are targeting the conversion of Indicated Resources to Measured Resources in areas that are likely to be mined within the first two years of gold production,” Tietto Minerals managing director Dr Caigen Wang said in the company’s ASX announcement.

“Our diamond drilling teams are achieving very high drilling rates due to the shallower hole depths required for infill drilling.

“This has allowed us to expand the program as we target a contiguous zone of Measured Resources between Section Lines 0 to 29 (AG South and AG Core) and within the first two years of production.

“At current rates, we now expect this drilling phase to be completed by mid‐June 2022.

“Our drill rigs have also been active on prospects located north (GGL) and south (AGM, PGL) of AG with the goal of defining new gold resources in a MRE update planned for later this year.

“We will report these results as they come to hand. Our exploration team is going to be busy for many years testing the prospectivity of the still largely untested potential of the main Abujar Shear.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@tietto.com

 

Web: www.tietto.com

 

Nexus Minerals Intersects High-Grade Wallbrook Gold

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THE DRILL SERGEANT: Nexus Minerals (ASX: NXM) reported high-grade gold assay results achieved from drilling completed at the Branches, Solomon and Clement regional prospects within the company’s Wallbrook gold project near Kalgoorlie in Western Australia.

Nexus Minerals is undertaking an extensive drill campaign at Wallbrook with three RC drill rigs and two diamond drill rigs currently operating to evaluate the gold prospectivity across the company’s tenement package.

Drilling at the Branches prospect delivered high-grade drilling results including:

5 metres at 17.91 grams per tonne gold within 8m at 11.37g/t gold from 118m;

5m at 5.45g/t gold and 3m at 6.07g/t gold within 36m at 2.04g/t gold from 43m;

6m at 3.95g/t gold within 31m at 1.31g/t gold from 113m;

8m at 2.52g/t gold within 13m at 1.66g/t gold from 134m; and

6m at 3.05g/t gold within 9m at 2.22g/t gold from 232m.

The Solomon prospect encountered:

10m at 3.4g/t gold within 22m at 1.88g/t gold from 123m;

3m at 4.69g/t gold within 26m at 1.06g/t gold from 258m;

3m at 1.79g/t gold within 6m at 1.06g/t gold from 34m; and

2m at 1.55g/t gold within 8m at 0.52g/t gold from 43m.

Results from 3 holes, out of 7 drilled at Clement include:

4m at 3.73g/t gold within 10m at 1.7g/t gold from 151m; and

2m at 5.57g/t gold within 10m at 1.29g/t gold from 71m.

“Whilst still early in the evolution of the Wallbrook gold project, the scale of metal endowment of this large mineralised system is extremely encouraging,” Nexus Minerals managing director Andy Tudor said in the company’s ASX announcement.

“To have received such high-grade gold results from this early-stage regional drilling, in both near surface drilling and at a depth of over 200 metres vertically, leads Nexus to believe that we may be sitting on a significant gold camp.

“Our aggressive exploration strategy continues to reap rewards and on receipt of these stunning results from Branches prospect, a follow-up RC drill program has already commenced.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Web: www.nexus-minerals.com

 

Estrella Resources Paves Nickel Sulphide Production Pathway

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THE DRILL SERGEANT: Estrella Resources (ASX: ESR) has hooked onto a recent appreciation in the global nickel price to announce its intention to transition the company’s Spargoville nickel sulphide project near Kambalda in Western Australia, into a producing asset.

Estrella Resources has already got things well underway having engaged mining professionals to begin development activities at Spargoville.

A diamond drill rig has been secured to commence shortly armed with several aims, including updating the October 2019 Resource estimate with a major objective being to confirm the metallurgical ‘Top of Fresh’ zone for commencement of Definitive Feasibility Study (DFS) on 5A open pit mine.

“Timing is everything and the time is right for Estrella to kick-off development activities for our Spargoville nickel sulphide assets,” Estrella Resources managing director Chris Daws said in the company’s ASX announcement.

“Estrella bought the rights to mine and explore four nickel sulphide deposits, located 20 kilometres South-West of Kambalda, when nickel projects were out of favour.

“Nickel prices are now at high levels that provide strong financial metrics to warrant mine development.

“In response, we have put together an experienced team of mining professionals to assist the company transition through to producer status.

“It is a very exciting development, with drilling and a number of technical studies set to get underway which hold the potential to fast-track access to early cashflow and place Estrella as the next nickel producer in Australia.”

 

 

 

Email: info@estrellaresources.com.au

 

Web: www.estrellaresources.com.au

 

Sunshine Gold Rare Earths Target Grows at Elphinstone Creek

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THE DRILL SERGEANT: Sunshine Gold (ASX: SHN) reported results from recent rare earth element (REE) soil sampling carried out at the Elphinstone Creek REE-gold prospect within the company’s 100 per cent-owned Ravenswood West project in Queensland.

Sunshine Gold received assay results from a further 171 soils samples at Elphinstone Creek, which it said continue to demonstrate the highly anomalous rare earth nature of the ‘regionally unique’ Barrabas Adamellite alkali intrusion.

Elevated REE from recent soil sampling at Elphinstone Creek include 17 results greater than 1,000ppm total rare earth oxides (TREO) with a peak value of 1,327ppm.

“Elphinstone Creek shapes as a significant rare earth system,” Sunshine Gold managing director Damien Keys said in the company’s ASX announcement.

“It is located within a regionally ‘unique’ alkali intrusion that is importantly high in the permanent magnet metals being neodymium and praseodymium (which constitute an estimated 90% of global rare earth values).

“We have engaged rare earth specialists from the Australian National University to expedite our understanding of the mineralogy and nature of the rare earth mineralisation.

“Soil sampling continues at Elphinstone Creek and is anticipated to have covered the whole of the highly prospective Barrabas Adamellite in July 2022.

“Furthermore, Elphinstone Creek is located on the southern end of a 15 kilometres long corridor of copper-gold-silver-molybdenum and rare earth targets, where drilling is set to recommence once the current rain events subside in late May 2022.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@shngold.com.au

 

Web: www.shngold.com.au

 

Saturn Metals Hits Encouraging Results at Hercules Gold Prospect

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THE DRILL SERGEANT: Saturn Metals (ASX: STN) has maintained a golden pace with new results from follow up AC drilling across the company’s 100 per cent-owned Apollo Hill gold project near Leonora in the Western Australian Goldfields.

Saturn Metals claimed its recent regional exploration drilling has discovered a zone of gold bearing mineralisation at the recently identified Hercules prospect, within the company’s broader Apollo Hill land holdings.

Aircore (AC) intersections include:

AHAC0925
20 metres at 2.27 grams per tonne gold from 24m, including 8m at 5.17g/t gold from 24m;

AHAC0865
8m at 1.06g/t gold from 28m;

AHAC0696
4m at 1.35g/t gold from 16m; and

AHAC0842
4m at 1.08g/t gold from 16m.

Hercules is located 15 kilometres from Saturn’s 1.47 million ounce Apollo Hill Mineral Resource, sitting on a previously unexplored section of the gold fertile Keith Kilkenny Lineament.

“The strategy of exploring for new mineralisation opportunities within the larger Apollo Hill land package is bearing some great results,” Saturn Metals managing director Ian Bamborough said in the company’s ASX announcement.

“The large gold footprint and localised higher-grade intersections at Hercules show the potential of this new mineralised system.

“Its location on the interpreted Keith Kilkenny structure is favourable, and we are seeing some excellent geological ingredients in our drilling.

“We look forward to reporting further assay results as they are returned, and additional work is being planned.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@saturnmetals.com.au

 

Web: www.saturnmetals.com.au

 

Meeka Gold Gets Rare Earth Metallurgical Work Underway

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THE DRILL SERGEANT: Meeka Gold (ASX: MEK) reported a start on a rare earth metallurgical test program for the company’s 100 per cent-owned rare earth projects.

Meeka Gold shipped off some metallurgical samples were to the Australian Nuclear Science and Technology Organisation (ANSTO) in New South Wales in early May, which now has preparation and testing underway.

Meeka explained ANSTO has a full suite of mineralogical, chemical and hydrometallurgical facilities from laboratory through to pilot scale, which will investigate optimisation of the metallurgical process and development of a process flow sheet for the company’s rare earth projects.

Results are expected in late July 2022.

“The rare earth assays received from our 100 per cent-owned Cascade and Circle Valley projects show shallow, broad, high-grade mineralisation across a very large area,” Meeka Gold CEO Tim Davidson said in the company’s ASX announcement.

“We are now expediting the metallurgical test work to understand the process for producing a commercial product.

“ANSTO is recognised globally for their expertise in rare earth processing, and we look forward to working with them to determine the optimum method for metal recovery.

“Importantly, the mineralisation contains a high level of permanent magnet metals, being neodymium-praseodymium oxides.

“This will ensure high demand for a commercial product potentially resulting from these projects.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@meekagold.com.au

 

Web: www.meekagold.com.au

 

Green Technology Metals Drills Seymour Step-Out Intercepts

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THE DRILL SERGEANT: Green Technology Metals (ASX: GT1) received more assay results from a Phase 1 diamond drilling program underway at the company’s Seymour lithium project in Ontario, Canada.

Green Technology Metals said the Phase 1 drilling program of 16 diamond drill holes was designed to evaluate potential along-strike and down-dip extensions of the North Aubry deposit that were open and untested.

Drilling returned high-grade extensional intercepts, including:

GTDD-22-0001
10.5 metres at 1.77 per cent lithium oxide (Li2O) from 123.2m, including 7m at 2.11 per cent Li2O;

GTDD-22-0013
18.2m at 1.1 per cent Li2O from 304.2m, including 3.1m at 2.05 per cent Li2O; and

GTDD-22-0014
4.5m at 0.61 per cent Li2O from 250.7m, including 2.5m at 1.01 per cent Li2O.

Green Technology has already commenced further northern step-out drilling of the North Aubry deposit with hole GTDD-22-0320 intercepting 10.7m of pegmatite demonstrating visible spodumene (assays pending), extending the known North Aubry pegmatite a further 150m down-dip from the nearest intercept.

The company declared the results from the Phase 1 drilling indicate substantial potential upside to the existing Seymour Mineral Resource estimate of 4.8 million tonnes at 1.25 per cent Li2O.

With that in mind, an updated Mineral Resource estimate for Seymour is on track for completion during Q2 CY2022.

“In total, the Phase 1 drilling program at Seymour has been highly successful,” Green Technology Metals chief executive officer Luke Cox said in the company’s ASX announcement.

“The results are expected to drive a substantial increase to the existing Seymour resource this quarter.

“We are also pleased to have commenced further northern and down-dip extensional drilling of the North Aubry pegmatite so rapidly.

“The initial result from hole GTDD-22-0320 offers further immediate potential to positively impact on mineralised pegmatite extents and volume.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@greentm.com.au

 

Web: www.greentm.com.au

 

Codrus Minerals Commences Red Gate RC Drilling Program

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THE DRILL SERGEANT: Codrus Minerals (ASX: CDR) announced commencement of a major new phase of Reverse Circulation (RC) drilling at the company’s 100 per cent-owned Red Gate gold project in Western Australia.

Codrus Minerals explained the new phase of drilling is designed to further unlock the geological potential of the Red Gate project while reflecting the company’s commitment to comprehensively define the scale of the mineralised system that has been identified to date.

The company considers the project to have potential to host both wide, higher-grade and lower-grade zones of mineralisation, with mineralisation widely distributed across all of the key prospects it has tested to date, and in particular at the Porphyry West and Porphyry North.

“We are excited that drilling is once again underway at Red Gate, building on the excellent outcomes of the initial drilling we completed earlier this year,” Codrus Minerals managing director Shannan Bamforth said in the company’s ASX announcement.

“While our geological understanding of the project is still developing, we know that it has potential to host two distinct styles of mineralisation, which we believe reflects the potential for a much larger system.

“We have seen both broader, high-grade zones and broader, lower grade zones, pointing to a significant level of gold endowment across the project.

“This next program is designed to give us a much clearer handle on how to vector into the higher-grade zones while expanding the overall mineralised envelope.

“Success during this program would pave the way for us to design potential resource definition programs.

“Given its location in a very active gold mining district, any ounces that we define will add significant strategic value for the company given their proximity to several major operating mills.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@codrusminerals.com.au

Web: www.codrusminerals.com.au

 

Alto Metals Extends High Grade Gold Mineralisation at Juno

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THE DRILL SERGEANT: Alto Metals continued drilling at the company’s Sandstone gold project in Western Australia has intersected further high-grade gold mineralisation at the Juno deposit.

Juno is a recently discovered extension of the mineralised zone below the project’s Lord Nelson pit, which now extends for over a kilometre and remains open, both along strike and down dip.

Juno is the second new lode Alto has discovered within the Lords Corridor, from step-out drilling testing the strike and plunge extensions of the Lord Nelson footwall and hanging wall lodes, following the discovery of the high-grade Orion Lode.

New assay results include:

SRC590
9 metres at 3.8 grams per tonne gold from 157m, including 5m at 5g/t gold from 160m;

SRC586
7m at 4.4g/t gold from 163m;

SRC593
12m at 2.1g/t gold from 160m, including 1m at 12.4g/t gold from 169m;

SRC589
17m at 1.6g/t gold from 159m, including 3m at 6.3g/t gold from 171m; and

SRC585
10m at 1.3g/t gold from 140m, including 5m at 2.1g/t gold from 144m.

“These latest results from the recently discovered Juno Lode continue to deliver significant high-grade intercepts,” Alto Metals managing director Matthew Bowles said in the company’s ASX announcement.

“Drilling focused on testing the dip and strike of existing mineralisation within the granodiorite damage zone and along the contact of the ultramafic footwall.

“The results have successfully extended the mineralisation at Juno, demonstrating the potential to continue growing this deposit.

“Further results from drilling at the Lords Corridor are still pending, including the follow up RC hole testing the down-dip extension to SRC576 which returned 67 metres at 2.3 grams per tonne gold.

“These results are expected to received shortly.

“Our next phase of drilling at Indomitable Camp is progressing well, as we continue to focus on growing resources and look forward to sharing assay results from this drilling campaign in the coming weeks and months ahead.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@altometals.com.au

Web: www.altometals.com.au

 

Azure Minerals Encounters Early Gold Hits at Barton

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THE DRILL SERGEANT: Azure Minerals (ASX: AZS) has encountered healthy gold results from exploration drilling carried out at the Daisy Corner prospect within the company’s 100 per cent-owned Barton project in the Eastern Goldfields region of Western Australia.

Daisy Corner is in the Kookynie Gold District just 300 metres north of Genesis Minerals’ Puzzle North gold deposit.

Azure’s first drilling program on the Barton project comprised 21 Reverse Circulation (RC) holes targeting northern mineralised extensions of the Puzzle North gold deposit and tested 800m of the prospective granite-greenstone contact to the northwest of the Azure-Genesis tenement boundary.

Azure has interpreted the assays it has received to indicate the mineralised system identified at Puzzle North continues into Azure’s tenement with gold mineralisation intersected in most holes.

Results include:

BTRC0002
4 metres at 0.68 grams per tonne gold from 31m downhole;

BTRC0009
10m at 0.44g/t gold from 55m downhole;

BTRC0010
10m at 0.52g/t gold from 39m downhole, including 1m at 3.98g/t gold from 46m downhole and 8m at 0.59g/t gold from 127m downhole;

BTRC0014
5m at 0.92g/t gold from 1m downhole, including 1m at 3.44g/t gold from 42m downhole and 3m at 0.63g/t gold from 54m downhole; and

BTRC0020
20m at 0.43g/t gold from 17m downhole.

“Given the early exploration stage of the Barton project we’re encouraged to have intersected widespread gold mineralisation in our first drilling program,” Azure Minerals managing director Tony Rovira said in the company’s ASX announcement.

“Surface exploration is continuing, with geophysical surveys and more drilling to be undertaken over the course of this year.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@azureminerals.com.au

Web: www.azureminerals.com.au