Great Boulder Resources Enhances Whiteheads Potential

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THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) received drilling results from the company’s Whiteheads project north of Kalgoorlie in Western Australia before heading across for the RIU Sydney Resources Roundup.

Great Boulder Resources received assay results from 79 air-core (AC) holes completed at the end of January, designed to test geochemical anomalies at six prospects including three areas along the Arsenal Trend.

The company said the results continue to enhance its view that the Arsenal Trend has high potential for additional gold endowment, particularly south of the Blue Poles discovery.

Highlights include:

At Blue Poles South

22WHAC075
4m at 0.77 grams per tonne gold from 32m to EOH; and

22WHAC073
4m at 0.14g/t gold from 32m to EOH.

At Eclipse

22WHAC032
4m at 0.91g/t gold from 48m; and

22WHAC026
1m at 0.28g/t gold from 68m to EOH.

“With this program we started working on more regional targets at the south end of Whiteheads, but the results clearly highlight the Arsenal Trend as an ongoing priority for further drilling,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“From the north end of Blue Poles down to Tektite we’ve now defined over 2.5 kilometres of a mineralised trend.

“We need to drill deeper RC at holes at Blue Poles to test the higher-grade potential plunging to the south, and then start testing these new prospects south of Blue Poles.

“We also expect to have the AC rig back at Whiteheads in about a month, continuing first-pass drilling on additional geochemical targets defined within the broader project area.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@greatboulder.com.au

 

Web: www.greatboulder.com.au

 

Eastern Metals Claims High-Grade Zinc Zone Discovery at Browns Reef

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THE DRILL SERGEANT: Eastern Metals (ASX: EMS) will be looking for people to speak with at the RIU Sydney Resources Roundup to explain its interpretation of recent drill results at the company’s Browns Reef project in New South Wales.

Eastern Metals has declared the results to show the first stage of a high-grade zinc-dominated polymetallic zone discovery at Browns Reef.

The company said assays received from the initial diamond drilling campaign at Browns Reef encountered high-grade broad intersections of sulphide mineralisation in all four holes drilled.

High grade zinc assay results, include:

BRD016
6 metres at 3.2 per cent zinc, 1.3 per cent lead, 0.12 per cent copper, 8.6 grams per tonne silver and 0.3g/t gold from 453.5m;

BRD017
13m at 5.4 per cent zinc, 2.3 per cent lead, 0.14 per cent copper, 11.5g/t silver and 0.9g/t gold from 225m, including 2m at 14.6 per cent zinc, 5.1 per cent lead, 0.22 per cent copper, 22.5g/t silver and 0.5g/t gold from 225m;

BRD018
16m at 4.1 per cent zinc, 1.6 per cent lead, 0.33 per cent copper, 27.5g/t silver and 0.4g/t gold from 251m, including 6m at 7.3 per cent zinc, 2.3 per cent lead, 0.58 per cent copper, 47.7g/t silver and 0.9g/t gold from 251m;

“This initial drilling campaign has been an outstanding success with high-grade mineralisation encountered in all holes over significant mineralised intervals,” Eastern Metals managing director and CEO Wayne Rossiter said in the company’s ASX announcement.

“The Evergreen Zone lode has a current strike length of over 100 metres and vertical depth of at least 300 metres and remains open along strike and at depth.

“Our next steps will be to drill further along strike and this program has received regulatory approval.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@easternmetals.com.au

 

Web: www.easternmetals.com.au

 

BMG Resources Extends High-Grade Gold at Abercromby

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THE DRILL SERGEANT: BMG Resources (ASX: BMG) will approach the RIU Sydney Resources Roundup with a spring in its step following the release of assay results from recent diamond drilling at the company’s Abercromby gold project in Western Australia.

BMG declared the drilling to have, “delivered another excellent batch of gold results”, which has added to the known mineralised envelope at the project’s Capital prospect that remains open at depth and along strike.

Results from the latest drilling, include:

20ABRC0002
31 metres at 6.18 grams per tonne gold from 162m, including 1m at 181.94g/t gold from 191m, and part of a broader 77m at 2.99g/t gold from 116m;

21ABDD004
10m at 11.71g/t gold from 295m, including 1.17m at 23.84g/t gold from 295.4m and 2m at 44.54g/t gold from 304m; and

21ABDD003
13.8m at 6.56g/t gold from 446m, including 1m at 86.02g/t gold from 446m.

BMG said the recent assays had built upon previous results achieved by its RC program by confirming extensions to multiple high-grade mineralised zones at the Capital prospect at depth and along strike – one of the primary goals for the current program.

Mineralisation at the Capital prospect has several primary north-west trending mineralised shear zones (lodes) that contain internal plunging high-grade gold shoots.

The latest drill results have continued to define these mineralised zones, the West Lode and East Lode, as well as a Hangingwall Lode to the east.

In addition, there are indications that there are further mineralised zones in the Capital area, in the footwall of the West Lode.

“It’s now well and truly game on at Abercromby,” BMG Resources managing director Bruce McCracken said in the company’s ASX announcement.

“In one single program, we have more than doubled the likely size of the deposit, intersected extremely high-grade gold in fresh rock, and proven the system is fertile at depth via the deepest drilling undertaken at the project to date.

“Our geological and grade models have again successfully targeted mineralisation at or very close to predicted locations, with extrapolation holding true at distances in excess of 250 metres.

“The nature and style of mineralisation is becoming well recognised, and the company is in a great position to leverage further success with the drill bit from here.”

 

 

Email: enquiry@bmgl.com.au

 

Web: www.bmgl.com.au

 

Black Cat Syndicate Produces Winning Drilling Results at Kal East

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THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) should be kept busy at the upcoming RIU Sydney Resources Roundup after the release of results from drilling programs recently completed across four mining centres within the company’s Kal East gold project in Western Australia.

Drilling at the Fingals Mining Centre focused on high priority targets, resulting in important advancements, including the identification and extension of the Western Lodes structure down dip and to the south of current drilling.

The company interpreted these results as potentially identifying a repeat of the high-grade Fingals style mineralisation.

Results include:

22FIRC068
4 metres at 6.17 grams per tonne gold from 38m and 2m at 3.79g/t gold from 44m; and

22FIRC071
1m at 20.4g/t gold from 29m.

Elsewhere at Fingals drilling extended the Southern Shoot along strike to the east and at depth, returning:

22FIRC003
3m at 5.19g/t gold from 250m and 3m at 3.65g/t gold from 262m.

Also included in results was the intersection of a potential repeat horizon at depth that Black Cat believes could host Southern Shoot style mineralisation, of:

22FIRC001
7m at 1.52g/t gold from 23m, 2m at 4.28g/t gold from 132m, and 1m at 1.23g/t gold from 267m.

A mineralised structure was also identified below the historic tailings dam:

22FIRC015
2m at 4.13g/t gold from 72m and 4m at 2g/t gold from 76m.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

At the Majestic Mining Centre first pass drilling 800m north of the Crown prospect produced promising results which are below a stripped profile and are like those seen upon the discovery of the Imperial/Majestic deposit.

Results include:

22IMRC008
1m at 3.9g/t gold from 51m, 3m at 1.3g/t gold from 64m and 4m at 1.99g/t gold from 70m.

Infill drilling to the south of Jones Find confirmed continuity of mineralisation, with shallow, high-grade intercepts further enhancing the potential scale and economics of an open pit at the Jones Find deposit, which is located 500m from the planned processing facility.

Results include:

22JFRC092
4m at 8.81g/t gold from 3m; and

22JFRC026
4m at 3.47g/t gold from 34m.

RC grade control drilling at the Myhree Mining Centre contained numerous thick, high-grade results, which confirmed multiple mineralised zones as expected.

Results include:

21MYGC084
7m at 9.5g/t gold from 9m;

21MYGC074
4m at 9.89g/t gold from 25m; and

21MYGC086
10m at 3.2g/t gold from 5m.

Black Cat’s final program of grade control drilling for the Myhree open pit is planned to commence in May 2022.

Drilling of two step-out diamond holes was undertaken at the Trojan Mining Centre to gain better understanding of the geology and to test mineralisation at depth.

Extensive zones of alteration were intersected demonstrating the extension of mineralisation approx. 150m below the historic open pit.

Results include:

21TNDD001
19.28m at 1.12g/t gold from 206.45m, 12m at 1.46g/t gold from 264.95m and 19.01m at 1.25g/t gold from 288.43m.

Black Cat indicated Follow-up drilling is required in all the above areas and is planned during the remainder of 2022.

“We have results back from four successful drilling programs at Kal East,” Black Cat Syndicate managing director Gareth Solly said in the company’s ASX announcement.

“Fingals remains open in all directions and at depth and we have identified a number of exciting, high priority targets that may lead to additional Resource growth.

“At Majestic, regional drilling indicates the potential for additional new discoveries while Jones Find continues to grow.

“Trojan has demonstrated that mineralisation extends well beyond the base of the open pit as well as potentially along strike.

“Grade control at Myhree continues to confirm the shallow, high-grade Resources in the open pit position.

“Additional grade control drilling will be completed at Myhree ahead of potential toll treatment.”

 

 

 

Email: admin@bc8.com.au

 

Web: www.blackcatsyndicate.com.au

 

 

Impact Minerals Acquires New Project for Battery and Strategic Metals

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THE BOURSE WHISPERER: Impact Minerals (ASX: IPT) has acquired a new project it considers prospective for a range of battery and strategic metals sitting close to the Greenbushes lithium-tantalum mine in the southwest Western Australia.

As consideration for a 100 per cent interest in the project, Impact has paid $20,000 cash to the vendor, and will issue three million unlisted options exercisable at 2.4 cents with a three year term.

The Dinninup project comprises four exploration licences covering about 485 square kilometres (E70/5842, E70/6111, E70/6112 and E70/6113).

As part of its due diligence process, Impact utilised in-house geophysical data to identify several areas of interest for follow up.

New targets identified at Dinninup, include: three new priority nickel-copper-platinum group elements (PGE)-gold targets; two lithium-caesium-tantalum targets; and four rare earth elements (REE) targets.

“The Dinninup project adds further significant value to our early project portfolio in southwest Western Australia,” Impact Minerals managing director Dr Mike Jones said in the company’s ASX announcement.

“Once again, our initial soil geochemistry results indicate untapped potential for a range of battery and strategic metals in this part of the state in an area where there has only been previous exploration for bauxite.

“The strong lithium anomalies are particularly exciting given our proximity to the world-class Greenbushes mine just 60 kilometres to the east and with similar geology.

“Together with our flagship Arkun-Jumbo project Impact has identified a significant number of areas for follow up work in the region and we are continuing to negotiate land access agreements to gain access to the priority targets.”

 

 

 

Email: info@impactminerals.com.au

 

Web: www.impactminerals.com.au

 

Corazon Mining Progresses Miriam Project Acquisition

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THE BOURSE WHISPERER: Corazon Mining (ASX: CZN) has further progressed its rights to acquire 100 per cent of the Miriam nickel sulphide project near Coolgardie in Western Australia.

Corazon announced an agreement with the project vendor in 2021 to acquire the Miriam project, since when the company has now completed Stage 2 of the acquisition.

Having completed Stage 2 Corazon is now entitled to 100 per cent of the project taking sole control and management on behalf of all parties, with the vendor retaining the right to mine mullock dumps for gold mineralisation and to metal detect on the area for the first three years post granting of the relevant tenure.

Corazon considers Miriam a highly prospective nickel exploration project that represents a strategic addition to its portfolio of nickel sulphide assets.

“Corazon is enthusiastic about the project’s exploration potential,” Corazon Mining said in its ASX announcement.

“Drilling undertaken predominantly in the 1960s and 1970s at the Miriam nickel deposit intersected ‘high nickel tenor’ massive and disseminated sulphides.

“Corazon has highlighted extensions to areas of known mineralisation as the initial priority exploration focus.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@corazon.com.au

 

Web: www.corazon.com.au

 

Alchemy Resources Identifies Lithium Anomalies at Karonie

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THE DRILL SERGEANT: Alchemy Resources (ASX: ALY) has spotted a new coherent lithium and pathfinder elements anomalous corridor at the company’s 100 per cent-owned Karonie gold project near Kalgoorlie in Western Australia.

Alchemy identified the anomalies having conducted multi-element soil sampling at the Pecan/Mesquite/Hickory/Cherry prospects as part of a multi-commodity review.

The company’s analysis of lithium and pathfinder elements demonstrated a pattern of anomalism over 7km long and 1km wide with the northern zone having increasing levels of surface cover.

“The lithium and pathfinder anomalism identified by Alchemy’s soil sampling and recent rock chipping in proximity to Manna are an encouraging start,” Alchemy Resources CEO James Wilson said in the company’s ASX announcement.

“Mapping by our geologists has shown pegmatites in outcrop along strike of Manna which is made more significant by the fact that there’s been no pegmatites mapped in this region before.

“The geochemical review reaffirms the prospectivity of our large tenement package at Karonie in what has historically only ever seen gold and base metals exploration.

“Work is continuing to identify the other intrusive dykes in the vicinity through a program of detailed mapping and sampling.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@alchemyresources.com.au

 

Web: www.alchemyresources.com.au

 

Nexus Minerals Hits High-Grade Gold Link at Crusader-Templar

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THE DRILL SERGEANT: Nexus Minerals (ASX: NXM) reported on recent drilling activity at the Crusader–Templar prospect, within the company’s Wallbrook gold project in Western Australia.

Nexus Minerals reported the gold mineralisation tenor and widths it has observed in the recent holes complement and enhance its previous drilling results at Crusader-Templar, intersecting broad high-grade mineralisation.

41 of 43 RC drill holes intersected gold mineralisation exhibiting strike and depth continuity, returning results that included:

5m at 4.09 grams per tonne gold, within 43m at 1.2g/t gold from 20m;

7m at 3.4g/t gold, within 20m at 1.27g/t gold from 28m; and

3m at 4.91g/t gold, within20m at 1.43g/t gold from 43m;

“The drill results continue to impress, with broad high-grade zones of mineralisation being returned,” Nexus Minerals managing director Andy Tudor said in the company’s ASX announcement.

“The positive link zone drill results allow us to confidently confirm the joining of the Crusader and Templar prospects into a single 1.6 kilometres mineralised corridor.

“With the five drill rigs continuing to operate on site as planned, we are now well into the 6,000 metres diamond drill program and the follow-up 40,000 metres RC program at Crusader-Templar.

“The strength of these results continues to build our confidence in the potential for the Crusader-Templar prospect to evolve into a very large mineralised system.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Web: www.nexus-minerals.com

 

Musgrave Minerals Encounters Thick basement Gold Intersections at West Island, Cue JV

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported assays received from diamond and aircore drilling programs underway on the company’s Cue Joint Venture with Evolution Mining in Western Australia’s Murchison district.

Musgrave Minerals said the diamond drilling continued to intersect potential ore grade intersections over wide thicknesses in basement rocks at the West Island prospect, including:

22CUDD001
2.4 metres at 7.1 grams per tonne gold from 137.9m, and 19m at 4.43g/t gold from 282m, including 10.5m at 6.25g/t gold from 287m

22CUDD002
2.9m at 9.59g/t gold from 308.1m, and 12m at 4.89g/t gold from 322m, including 9m at 6.37g/t gold from 322m; and

21MODD035
6.55m at 4.66g/t gold from 253.45m.

Aircore drilling results have also extended the large regolith gold mineralisation footprint at the West Island prospect, identifying new zones for follow-up basement drill testing, intersections include:

21MOAC148
2m at 119.6g/t gold from 174m, 500m south of current West Island diamond drilling; and

21MOAC206
2m at 18.06g/t gold from 74m, in new target area 2.8km south of West Island.

“The gold system at West Island on the Cue JV with Evolution is a discovery that highlights the upside potential of the Cue project,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.

“Diamond drilling continues to deliver strong basement results with drilling confirming the potential for multiple high-grade basement gold lodes within the dolerite sill.

“To compliment these results aircore drilling continues to extend the West Island system and identify new basement targets under Lake Austin.”

Musgrave explained the intent of the drilling on the JV area is to delineate the scale of the gold system at West Island, test additional gold-in-regolith aircore anomalies and define new diamond drilling targets through aircore drilling.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@musgraveminerals.com.au

 

Web: www.musgraveminerals.com.au

 

Miramar Resources Kicks Off Detailed Magnetic Survey at Lang Well

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THE DRILL SERGEANT: Miramar Resources (ASX: M2R) has a detailed UAV magnetic survey underway over the company’s 100 per cent-owned Lang Well project in the Murchison region of Western Australia, which it considers prospective for gold and/or rare earth element (REE) mineralisation.

The survey follows a review of historical information that identified some 50 outcropping pegmatite occurrences within the project, including a swarm of pegmatites over seven kilometres of strike in the northern half of the project.

None of the pegmatite occurrences have been assayed for lithium or REEs.

The magnetic survey is expected to assist Miramar in planning a first aircore drilling program testing both the auger gold anomalism and REE potential.

“Lang Well covers a very large area with widespread surficial material covering prospective geology and structures,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“Based on the limited historic exploration results, the southeastern part of the project is prospective for gold mineralisation, and also has significant potential for REE mineralisation as indicated by the very limited historic drilling which intersected strongly anomalous REEs.

“Given the widespread occurrence of pegmatites in the outcropping areas of the project, we think there is potential for a significant number of additional pegmatite occurrences, potentially prospective for Lithium or REEs, elsewhere within the project, either outcropping or beneath shallow cover.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@miramarresources.com.au

 

Web: www.miramarresources.com.au