Galileo Mining Using EM Survey to Target Norseman Massive Sulphide

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THE DRILL SERGEANT: Galileo Mining (ASX: GAL) has commenced EM surveying of massive sulphide in aircore drilling at the company’s 100 per cent-owned Norseman project in Western Australia.

Galileo Mining completed drilling in November that identified sulphide mineralisation just 60 metres down hole with assays reporting prospective early results of: 1 metre at 0.24 per cent nickel, 0.35 per cent copper, 0.04 per cent cobalt and 0.25 grams per tonne palladium.

The company considers EM surveying to be a very useful tool in exploration due to the conductive response of sulphide minerals that can contain nickel, copper, cobalt and palladium.

As the sulphides in aircore drilling at Norseman are at shallow depth, Galileo designed a moving loop survey using a 100m loop size to maximise any subtle change in response that may be related to accumulations of massive, semi-massive and/or disseminated sulphides.

“We have been extremely fortunate to identify massive sulphide in aircore drilling while looking for nickel and palladium at our Norseman project,” Galileo Mining managing director Brad Underwood said in the company’s ASX announcement.

“This result has significantly increased the prospectivity of the area and we are now using EM surveying to build on our positive early results and to define targets for follow up RC drill testing.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@galmining.com.au

 

Web: www.galileomining.com.au

 

Venture Minerals Looking at Julimar Lookalike Via Chalice EM Survey

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THE DRILL SERGEANT: Venture Minerals (ASX: VMS) reported it Joint Venture partner, Chalice Mining (ASX: CHN) has generated seven new EM anomalies from a recently completed ground EM program at the company’s South West nickel-copper-PGE project in Western Australia.

Venture Minerals said this brings the total number of new targets to 11 from the Chalice ground EM program, which is part of the first stage of the JV earn-in focused on Venture’s Thor target, a 20km long, Julimar lookalike (as defined by Chalice), magnetic anomaly at the South West project.

The seven new EM anomalies defined by Chalice have been interpreted to be of similar strength conductors to those that yielded wide palladium intervals during the early drilling phase of the Julimar nickel-copper-PGE discovery.

One of the seven new EM anomalies also coincides with the 2.4 metres of massive sulphide intersected in previously drilled TOR05, which averaged 0.5 per cent copper, 0.05 per cent nickel, 0.04 per cent cobalt and contained anomalous gold and palladium, making that conductor a potential priority drill target (still to be determined by Chalice).

“Venture’s JV partner Chalice Mining has now delivered several new EM anomalies within the Thor ‘Julimar lookalike’ target from the first stage of the JV earn-in to the company’s South West project,” Venture Minerals managing director Andrew Radonjic said in the company’s ASX announcement.

“To have a partner that has ‘one of the largest greenfield nickel-copper-PGE sulphide discoveries in recent history’ will be of huge benefit in this very important second stage of the JV with Chalice, including a maiden drill program at Thor.

“Venture, through its South West JV with Chalice, is well placed for a new nickel-copper-PGE discovery and the associated excellent exposure to nickel, which is now at 10-year highs, and palladium with its widespread applications in a green hydrogen economy.

“The company looks forward to the commencement of drilling at the South West project in the coming months where success will only add to Venture’s extensive portfolio of enviable resource assets.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@ventureminerals.com.au

 

Web: www.ventureminerals.com.au

 

Calidus Resources Commits to Renewable Micro Grid

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THE BOURSE WHISPERER: Calidus Resources (ASX: CAI) announced the execution of an agreement with Zenith Pacific for the construction of a 4MW solar farm with 3.5MW battery energy storage system at the company’s Warrawoona gold project in the Pilbara region of Western Australia.

Calidus Resources reported Zenith is currently constructing an 11MW gas fired power station at Warrawoona under a Power Purchase Agreement (PPA).

It went on to explain the construction of the solar farm is part of the PPA whereby Calidus purchases power from Zenith.

The solar farm will be constructed in H2 of CY2022 and will feed into the distribution line between the power station and the project accommodation village.

The decision to proceed with the solar farm and battery storage is in line with the company’s Environmental, Social and Governance (ESG) initiatives.

“Calidus is committed to carbon reduction as part of its ESG policy,” Calidus Resources managing director Dave Reeves said in the company’s ASX announcement.

“This renewable micro grid is a cornerstone to our carbon reduction plan which includes the use of LNG not diesel and the ability of the LNG gensets to use up to 25 per cent hydrogen.

“We are pleased to extend the relationship with Zenith to incorporate this renewables project, and look forward to its construction in the second half of this year.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@calidus.com.au

Web: www.calidus.com.au

 

Estrella Resources Intersects Massive Sulphides Beneath Carr Boyd Mine

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THE DRILL SERGEANT: Estrella Resources (ASX: ESR) reported the intersection of two broad zones of massive and semi-massive nickel-copper sulphides below workings of the company’s Carr Boyd nickel mine near Kalgoorlie in Western Australia.

Estrella Resources encountered the mineralisation in drillhole CBDD064, a diamond drillhole that was targeted across the dip of mineralisation to assist the company and CSIRO in understanding the relationship of the Carr Boyd mineralisation to the T5 Discovery on the Carr Boyd basal contact one kilometre away to the northwest.

CBDD064 intersected massive and semi-massive nickel-copper sulphides beneath the Carr Boyd nickel mine, including:

Main Zone: 16.96m massive and semi-massive nickel-copper-sulphides from 193.9m;
Mid Zone: 1.32m semi-massive to matrix nickel-copper-sulphides from 242.9m; and
Lower Zone: 12.91 semi-massive, matrix and disseminated nickel-copper-sulphides from 256.1m.

Estrella Resources said the intersection confirms the continuation of nickel-copper sulphides below the old workings and coincides with a Downhole Electromagnetic (DHEM) response modelled from the top portion of CBDD056A, which the company drilled into the basal contact in October 2021.

“I am highly encouraged by these latest rounds of results from CBDD064 as it confirms massive sulphide mineralisation continues below the old Carr Boyd workings,” Estrella Resources managing director Chris Daws said in the company’s ASX announcement.

“While our focus is very much on drilling, we are also highly focused on determining the Carr Boyd sulphide’s relationship to the T5 mineralisation found on the Basal Contact.

“Through our ongoing work with the CSIRO, which includes logging and geochemical analysis, we are highly confident on determining this link which, if it exists, means a very exciting time ahead for investors as it is proof this large pool of sulphides may still exist at depth.”

 

 

Email: info@estrellaresources.com.au

Web: www.estrellaresources.com.au

 

 

Green Technology Metals Increases Canadian Lithium Footprint

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THE BOURSE WHISPERER: Green Technology Metals (ASX: GT1) announced an increase to its landholding in Ontario, Canada.

Green Technology Metals completed the acquisition by way of its wholly owned subsidiary Lithium Triangle Resource, increasing its tenement base from 9,467 hectares to 35,576 hectares through execution of multiple option agreements and tenement pegging activities.

The new landholdings surround GT1’s existing projects, Seymour and Root, as well as being in a new project area named Allison and select other project areas (Pennock Lake, Root Bay, Superb Lake and Gathering Lake).

As a result, GT1 has entered binding option agreements with two unrelated parties to acquire claim packages in the Allison area.

The Allison Batholith is a multiphase intrusion that has previously been identified as prospective for evolved LCT type pegmatites.

GT1 has also entered into an option agreement with Solstice Gold Corporation (CVE: SGC) to acquire 31 mining claims across four locations: Pennock Lake, Root Bay, Superb Lake and Gathering Lake.

The company explained that all the newly pegged and optioned tenements have been ranked based off prospective geological setting plus any observed pegmatite widths and lithium grades.

GT1 indicated it plans to undertake a systematic evaluative approach to exploration of these new areas, alongside rapid advancement of its core Seymour, Root and Wisa projects, in keeping with its focus on building a sustainable, North American focussed lithium production business.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@greentm.com.au

Web: www.greentm.com.au

 

Tietto Minerals Drills Best Abujar Gold Hit to Date

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

Tietto Minerals’ project best results include:

ZDD895 – Section 14B
25.4 metres at 131.1 grams per tonne gold from 36.6m, including 8m at 393.6g/t gold from 38m, including 3.4m at 917.6g/t gold, including 1.1m at 2,853g/t gold; and
12m at 14.6g/t gold from 50m, including 2m at 84.5g/t gold.

Tietto Minerals explained diamond hole ZDD895 is part of recently completed AG Core infill drilling thathad been designed to convert Abujar AG Indicated Resources (35Mt at 1.5g/t gold for 1.65Moz) to Measured – targeting the first two years of Abujar’s gold producti.

“This fantastic intercept of 1.1 metres at 2,853 grams per tonne gold from our infill drilling program at AG is our best achievement to date,” Tietto Minerals managing director Dr Caigen Wang said in the company’s ASX announcement.

“This bonanza gold intercept is located close to surface in fresh mineralisation and combined with the multiple high‐grade intercepts we have reported from our infill drilling, it is expected these will have a material impact on the first years of open pit mining at Abujar.

“Our exploration team is using these latest results to refine our drill targeting of the high‐grade shoots within the Abujar main shear.

“Results from our drilling continue to demonstrate high grades present in this large system and with more than 70 kilometres of strike at Abujar and achieving 100,000 metres of drilling a year; we think there is great potential to deliver more intersections like these.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Email: admin@tietto.com

 

Web: www.tietto.com

 

 

Dacian Gold Reports Big Doubeljay Gold Hit

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THE DRILL SERGEANT: Dacian Gold (ASX: DCN) reported a big drill hit from drilling carried out at the company’s Mt Morgans gold operation in Western Australia.

The result was achieved while drilling below the Doublejay sub-pit following recent drilling success of the Jupiter pit extension program at the Heffernans and Ganymede sub-pits.

Dacian Gold declared the latest result confirms broad mineralisation in a third pipe within the syenite intrusive system beneath the Jupiter complex.

Drilling beneath the Doublejay open pit at the Jupiter mining complex has now extended mineralisation to a depth of approximately 400 metres below the base of the open pit design.

Exciting intersections at Doublejay returned:

21JUDD0820

202.6 metres at 1.1 grams per tonne gold from 497m, including
34.8m at 2.2g/t gold from 585m
19.8m at 1.6g/t gold from 641.3m
20.6m at 1.5g/t gold from 560.6m

“The first hole completed below Doublejay as part of our Jupiter expansion program has confirmed the presence of bulk mineralisation within the Doublejay syenite,” Dacian Gold managing director Leigh Junk said in the company’s ASX announcement.

“This confirmation of considerable additional mineralisation within our Jupiter complex is a fantastic result at this early stage in our exploration program and increases our confidence that we are unlocking a sizeable opportunity within our tenement package.”

 

 

Email: info@daciangold.com.au

 

Web: www.daciangold.com.au

 

Charger Metals Targeting Large Lithium System at Bynoe

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THE DRILL SERGEANT: Charger Metals (ASX: CHR) reported on recent activities at the company’s Bynoe lithium project in the Northern Territory (70% Charger: 30% Lithium Australia).

Charger Metals has completed geochemistry and aeromagnetic programs at Bynoe that have combined with drilling information provided to the market by Core Lithium (ASX: CXO).

Charger has interpreted the results to suggests multiple swarms of lithium-caesium-tantalum (LCT) pegmatites extend from Core lithium’s adjacent Finniss lithium project into the Bynoe lithium project.

The geochemistry results highlight two large LCT pegmatite target zones, with strike lengths of eight kilometres at Megabucks and 3.5km at 7-Up.

Within each pegmatite zone, drill-ready lithium targets have been identified including at the Megabucks, Jenna’s, Enterprise 1, Enterprise 2, Riverside and 7-Up pegmatites.

“Charger’s 2021 geochemistry program has very successfully outlined two large pegmatite emplacement zones which extend for up to eight kilometres, centred on the Megabucks and the 7-Up prospects respectively,” Charger Metals managing director David Crook said in the company’s ASX announcement.

“The interpretation of all geochemistry results suggest a large lithium-mineralised system and provides Charger with an exploration roadmap, enabling prioritization of the most significant drill-ready targets while identifying areas that need further infill soil sampling and mapping.

“The company is advancing planning and permitting towards its maiden drilling program at Bynoe, aimed to commence at the cessation of the Northern Territory wet season.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@chargermetals.com.au

 

Web: www.chargermetals.com.au

 

Codrus Minerals Ramps Up Bull Run Exploration

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THE DRILL SERGEANT: Codrus Minerals (ASX: CDR) is picking up speed on exploration activities at the company’s Bull Run gold project, located in Baker County, eastern Oregon, USA.

Codrus Minerals has commenced a ground-based geophysical exploration program to assist with drill target definition having secured additional strategic mineral claims and identifying prospective new anomalous zones via soil sampling programs.

The Bull Run project forms part of Codrus’ global exploration portfolio, which also includes three projects in Tier-1 locations in Western Australia.

The most recent exploration work was completed by Blackstone Minerals prior to the spin-out and listing of Codrus Minerals on the ASX last year.

This consisted of soil geochemistry sampling over the claims which identified two gold-in-soil trends.

The first of these is a north trend running approximately parallel to the serpentinite-Bull Run granodiorite contact and the dominant dyke strike through the Bull Run project area.

The second, a North-east to north-northeast trend parallel to the dominant vein set within the Bull Run granodiorite, highlighted by the Whited, Payton and Sunrise veins.

In the last quarter of 2021, Codrus pegged an additional 12 mineral claims, covering the prospective zone to the south that are 100 per cent-owned by the company.

“This is the first significant modern exploration to be undertaken at Bull Run in several decades and is an exciting time for the company,” Codrus Minerals managing director Shannan Bamforth said in the company’s ASX announcement.

“We have long regarded Bull Run as a high-potential opportunity for significant gold and copper discoveries and we are really pleased to have teams on the ground actively working to unlock this potential.

“The strategic additions to our tenure secured last year have already led to the identification of a significant new gold-in-soil anomaly and we are really excited to have a major 3D DCIP IP survey now underway.

“We believe that this is the most appropriate geophysical technique to advance the Project, and we are really looking forward to seeing the results.

“The results will be combined with our other supporting datasets to help us define drill targets.

“In anticipation of drilling this year, we have already commenced the permitting process in-country and we are looking forward to what should be a big year for Codrus at our key US asset.

“We are also looking forward to receiving assay results from the recently completed drilling at the Red Gate Project in WA.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@codrusminerals.com.au

 

Web: www.codrusminerals.com.au

 

Alice Queen Drills Stockpile Gold

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THE DRILL SERGEANT: Alice Queen (ASX: AQX) reported assay results from recent RC drilling at the company’s Horn Island project, located in the Torres Strait, Queensland.

Alice Queen conducted the RC drill program to test a number of legacy heaps, which had been stockpiled on surface from previous gold mining operations from the late 1980s and are estimated to contain in excess of 4 million cubic metres of mined material.

Gold assay intercepts returned included:

21NGR093
16 metres at 1 grams per tonne gold from 4m, including 4m at 3.2g/t gold from 14m;

21NGRC0138
5m at 1.5g/t gold from 7m, including 2m at 2.5g/t gold from 8m; and

21NGRC102
3m at 1.6g/t gold from 0m, including 1m at 3.6g/t gold from 1m.

“There are several legacy stockpiles at Horn Island that contain mined material from the historic 1980s operation,” Alice Queen managing director Andrew Buxton said in the company’s ASX announcement.

“From previous grab samples, we are aware that ore is present amongst this material.

“A limited RC program was designed to test the profile of these legacy stockpiles and it is very encouraging that this program returned positive gold results from all tested stockpiles and may, in the future with further work, provide additional value to a mining operation at Horn Island.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Web: www.alicequeen.com.au