Dundas Minerals to Run In-Fill Gravity Survey for High Priority Targets

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THE DRILL SERGEANT: Dundas Minerals (ASX: DUN) is set to commence a detailed in-fill gravity survey at its Matilda South area within the Albany-Fraser Orogen of Western Australia.

The in-fill survey follows initial analysis from two high-resolution geophysical surveys conducted across the company’s Dundas project tenements that identified four high priority exploration target areas.

These are Matilda South, North-East, Terra Firma and Jumbuck.

Matilda South will be the first area to be surveyed followed by the North-East exploration target area.

Surveys of the Terra Firma and Jumbuck target areas are planned to follow, early in the new year.

“We are delighted with the generation of these new exploration target areas, especially at Matilda South and North-East,” Dundas Minerals managing director Shane Volk said in the company’s ASX announcement.

“Upon realising the significance of the initial analysis of the gravity survey results in November, we immediately contacted the geophysical survey contractor to arrange for in-fill gravity survey – as quickly as would be possible.

“That the in-fill survey will commence this coming Friday is a real bonus, and will provide us with the time needed to analyse and model the survey data to plan for drill testing these areas in 2022.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@dundasminerals.com

 

Web: www.dundasminerals.com

 

Medallion Metals Identifies Strong Conductors at Meridian

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THE DRILL SERGEANT: Medallion Metals (ASX: MM8) reported results from DHEM surveying recently undertaken at the company’s Meridian gold prospect in Western Australia.

Medallion Metals completed first pass reconnaissance drilling at the regional Meridian prospect that confirmed a mineralised system over at least 700 metres of strike, open in all directions.

The Meridian prospect is considered by the company to be a highly prospective being located 21kms along strike from the Kundip Mining Centre which already hosts a Mineral Resource Estimate of 674,000 ounces at 2.4 grams per tonne gold.

Intersections from the initial program returned high-grade near surface gold, including:

RC21MR009
5 metres at 11.4 grams per tonne gold, 1,572ppm copper, 1.4g/t silver from 32m;

RC21MR003
2m at 6.1g/t gold, 1,498ppm copper, 1.9g/t silver from 125m; and

RC21MR008
4m at 2.9g/t gold, 411ppm copper, 0.1g/t silver from 58m.

Follow up geophysics has defined multiple strong downhole electro-magnetic (DHEM) conductors from surveys of three Reverse Circulation (RC) drill holes at Meridian.

“The size, strength and location of the off-hole conductors from holes RC21MR003 and RC21MR008 makes them compelling drill targets and they will be tested with the next round of drilling at Meridian in January 2022,” Medallion Metals managing director Paul Bennett said in the company’s ASX announcement.

“The strong responses provide us with additional confidence Meridian can mature into deposit that can deliver material ounces into the Ravensthorpe Gold Project resource inventory.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@medallionmetals.com.au

 

Web: www.medallionmetals.com.au

 

Stavely Minerals Resumes Cayley Lode Resource Drilling

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THE DRILL SERGEANT: Stavely Minerals (ASX: SVY) informed the market of encouraging initial results from a major new regional exploration initiative launched recently across the company’s 100 per cent-owned Stavely copper-gold project in western Victoria.

Stavely Minerals explained the new multi-pronged exploration program comes on the heels of an intensive regional prospect review that identified 19 priority exploration targets.

The early progress being made with the regional exploration push comes as activity ramps up at the Stavely project, with resource drilling also re-commencing this week targeting the south-eastern extension of the Cayley Lode deposit.

Stavely expects this will enable it to achieve its objective of posting a maiden Mineral Resource Estimate for the Cayley Lode in Q2 2022 as the basis for a Scoping Study.

“The current diamond drilling at the Toora West porphyry prospect has provided excellent visual encouragement of the presence of porphyritic host-units with disseminated pyrite and porphyry-style quartz-pyrite ± chalcopyrite and a separate phase of quartz-molybdenite veins,” Stavely Minerals chair and managing director Chris Cairns said in the company’s ASX announcement.

“The observed alteration is not as intense as would be expected in the potassic core and would be characterised as phyllic to inner-propylitic – so we are not yet in the hotter, well-mineralised core that we are seeking, but it is very early days at this prospect.

“Importantly, we are delighted that the under-cover targeting methodology developed by our on-site team is proving to be very effective with 80 per cent of the regional ‘blind’ under-cover targets tested to date being intrusions/porphyry phases with associated alteration and sulphide mineralisation – mostly pyrite but also with some chalcopyrite noted at the Yarram Gap prospect.

“We will await assay results from this early reconnaissance exploration while we now focus on completing the Cayley Lode Mineral Resource definition drilling program, paving the way for a maiden Mineral Resource Estimate in the second quarter of next year.

“Once the resource drilling is complete, we will commence the next phase of our initial regional exploration program and follow up the first-pass results.

“With a maiden Mineral Resource Estimate and Scoping Study for the Cayley Lode deposit due in Q2 next year, and results beginning to flow from our major regional exploration push, the next six months is shaping-up to be a very exciting period for the company.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@stavely.com.au

 

Web: www.stavely.com.au

 

Miramar Resources Outlines Large Gold Footprint at Glandore

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THE DRILL SERGEANT: Miramar Resources (ASX: M2R) completed lake aircore drilling at the company’s 100 per cent-owned Glandore project, in the Eastern Goldfields region of Western Australia.

Miramar Resources reported the drilling outlined coherent shallow supergene gold anomalism over almost five kilometres of strike and across multiple targets.

The company said the results from the first lake aircore drilling campaign follow on from results achieved from the first land-based aircore drilling program.

The recent drilling extended the Glandore East footprint to the south by at least one kilometre as multiple holes across the project returned and/or ended in results of greater than 0.25 grams per tonne gold, including:

GDAC037
6 metres at 0.62 grams per tonne gold from 12m and ended in 2m at 1.04g/t gold; and

GDAC061
4m at 0.46g/t gold and 4m at 0.61g/t gold.

The Glandore East footprint now extends for over three kilometres towards historic gold workings and remains open.

The company said the recent lake drilling had identified a very substantial gold system at Glandore and greatly increased the potential for the discovery of gold mineralisation including that like the nearby Majestic and Trojan deposits.

“Our first pass lake drilling has outlined coherent supergene gold anomalism within multiple targets over almost five kilometres of strike which is a considerable proportion of the entire project area,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“Today’s results indicate the presence for multiple NE-trending mineralised structures within the granodiorite pluton extending over a significant strike length, along with coherent gold mineralisation across several other targets which will need to be followed up early in the new year.

“Gold mineralisation at Majestic and Trojan is also hosted in NE-striking structures within granitic intrusions, so our recent results indicate significant potential for a similar discovery at Glandore.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@miramarresources.com.au

 

Web: www.miramarresources.com.au

 

Golden Mile Resources RC Drilling at Yarrambee Copper-Zinc-Nickel Project

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THE DRILL SERGEANT: Golden Mile Resources (ASX: G88) has a reverse circulation (RC) drill program underway at the company’s Yarrambee copper-zinc-nickel project in the Murchison Region of Western Australia.

A helicopter-borne EM (HEM) survey, followed by a ground-based moving loop EM (MLEM) survey that focussed on a cluster of anomalies adjacent to the Narndee VMS prospect identified a high conductance anomaly now known as the Tank target.

“We are pleased to start this high impact drilling program which kicked off over the weekend at Chi and the newly identified and highly conductive ‘Tank’ anomaly, and then extends to other high priority targets identified from our airborne and ground electromagnetic surveys,” Golden Mile Resources managing director James Merrillees said in the company’s ASX announcement.

“The RC program is targeting bedrock conductors in an area where historical exploration identified widespread alteration and base metals mineralisation.

“These proximal indicators coupled with our geophysical surveys have defined high potential targets for this program which is expected to take about two weeks to complete.

“The team in the field are routinely checking samples with a portable XRF analyser to assist in identifying mineralisation and prioritising samples for laboratory analysis.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@goldenmileresources.com.au

 

Web: www.goldenmileresources.com.au

 

E79 Gold Commences Major Aircore Drilling Program

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THE DRILL SERGEANT: E79 Gold Mines (ASX: E79) has begun its first drilling program over the company’s Laverton South gold project in Western Australia.

E79 Gold recently listed on the back of two projects, one being the Laverton South Project in the Laverton gold district and the other being the Jungar Flats project in the North Murchison region.

The Laverton South project covers a southern portion of the Laverton Tectonic Zone (LTZ) east north-east of Kalgoorlie, within the Archean Yilgarn Craton of Western Australia.

The LTZ is a rich gold belt having historically produced more than 30 million ounces of gold.

Within the Laverton South project are two tenement packages, Lake Yindana and the Pinjin JV, which sit within 15km either side of the Rebecca gold deposit.

“The start of our initial drilling program is an exciting time and an important milestone for E79 Gold,” E79 Gold CEO Ned Summerhayes said in the company’s ASX announcement.

“We look forward to testing our key targets and keeping the market updated on our progress.

“The first program is testing one of the walk-up drill targets within the Pinjin JV ground.

“We expect this program to continue through into the new year before undertaking programs on the Lake Yindana tenement.

“Elsewhere within our portfolio, the gravity survey at Jungar Flats is now underway and is expected to be completed this year.”

 

 

Email: info@e79gold.com.au

 

Web: www.e79gold.com.au

 

Tietto Minerals Encounters High Grade Gold Intercepts

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THE DRILL SERGEANT: Tietto Minerals (ASX: TIE) reported high‐grade gold results from infill, step‐ out and extensional drilling completed at the Abujar‐Gludehi (AG) deposit, part of the company’s 3.35 million ounce Abujar gold project in Côte d’Ivoire, West Africa.

Tietto Minerals completed 31 diamond drill holes completed as part of its infill drilling program, which aims to increase confidence in Abujar mineral resource estimates.

Drill intercepts from infill drilling at AG Core returned results, including:

ZDD734 – Section 22C
7 metres at 11.87 grams per tonne gold from 83m, including 3m at 27.3g/t gold; and

ZDD701 – Section 25C
8m at 7.17g/t gold from 120m, including 1m at 54.56g/t gold.

Extensional drilling at AG South intersected high‐grade gold outside the current resource, including:

ZDD814 – Section 3B
7m at 9.38g/t gold from 254m, including 1.5m at 42.98g/t gold.

Step‐out drilling on the main Abujar shear at PGL (Link between APG and AG) intersected high‐grade gold 450m to the south of the existing resource, including:

ZDD808A
5m at 11.34g/t gold from 131m, including 2m at 26.78g/t gold.

“Our sixth batch of results from our infill drilling program at AG Core has delivered more high‐grade gold intercepts that will de‐risk open pit mining at Abujar,” Tietto Minerals managing director Dr Caigen Wang said in the company’s ASX announcement.

“Our infill program is designed to convert Indicated Resources to Measured Resources, which are scheduled to be mined within the first two years of production.

“We also have diamond rigs working at AG South and PGL on extensional and step‐out drilling that is designed to deliver resource growth at Abujar.

“It was very pleasing to see that ZDD814 hit high‐grade gold 120m below the DFS pit and outside the current resource.

“With our recent capital raise, we are now funded to production with Abujar having potential to be one of the largest gold producing mines in Côte d’Ivoire, expected to produce more than 260,000 ounces of gold in the first year and 1.2 million ounces of gold in the first six years.

“We welcome the support of the high-quality institutions that have provided the equity funding needed to develop the Abujar gold project into West Africa’s next gold mine, as announced last week.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@tietto.com

 

Web: www.tietto.com

 

Blackstone Minerals Hits Sulphides with First Jewel Prospect Hole

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THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) announced recommencement of drilling activities at the company’s wholly owned exploration assets in British Columbia, namely the Gold Bridge project, formerly the BC-cobalt project.

Blackstone Minerals declared its first drill-hole targeting a large IP anomaly at the Jewel prospect has intersected sulphide mineralisation.

Blackstone has always believed its geological model for the Jewel prospect suggest that it is located within a similar setting to the underground mines of the world class Bou-Azzer primary cobalt district in Morocco.

The current exploration program follows initial exploration success the company achieved at the Little Gem prospect and involved a detailed 3D Pole-Dipole Induced Polarisation (3D IP) and Resistivity Survey.

An analysis of IP survey data and regional soil, rock chip and stream sediment samples has resulted in the identification of multiple large-scale sulphide bearing targets, with the Jewel prospect being high priority.

“Although Ta Khoa remains the company’s primary focus, in the background Blackstone has continued to work-up its exploration targets in British Columbia,” Blackstone Minerals managing director Scott Williamson said in the company’s ASX announcement.

“The first drill hole testing a 700 metres long 24mv/v IP chargeability anomaly at Jewel prospect successfully encountered copper, nickel and cobalt sulfarsenides is a great proof-of-concept result for the project.

“Initial success confirms not only the prospectivity of the Jewel IP target, but also the potential of Blackstone’s 50 kilometres BC cobalt target zone to host nickel, cobalt and copper sulfarsenide deposits of the same style as the World Class Bou-Azzer cobalt district in Morocco.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackstoneminerals.com.au

 

Web: www.blackstoneminerals.com.au

 

 

Dundas Minerals Applies for New Exploration Licence

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THE DRILL SERGEANT: Dundas Minerals (ASX: DUN) has applied for a new exploration licence: E63/2170, from the Western Australian Department of Mines, Industry Regulation and Safety (DMIRS).

Dundas Minerals explained the exploration licence to be contiguous with the company’s existing Dundas project licences.

The company submitted the application having carried out initial analysis of its recently completed project scale geophysical surveys, from which coincidental anomalies became apparent from the modelling and analysis of the aerial electromagnetic survey (AEM), the ground gravity survey, and the magnetic survey data.

“It is very early days, but the coincidental AEM, gravity and magnetic anomalies that have been identified in the north-east project area, plus the mafic xenolith that was observed, are encouraging,” Dundas Minerals managing director Shane Volk said in the company’s ASX announcement.

“This is an example of the new exploration target areas that we are able to generate from our upfront investment in project-wide geophysical surveys.

“We were fortunate that the northern extension of the anomalies, which lay outside of our existing tenement, was in an unpegged area so we quickly made application for the ground.

“Plans are in place to more extensively ground-truth the area towards the end of the pending Jumbuck and Kokoda drilling campaigns.

“We are looking forward to what else may be observed in this new unexplored area.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@dundasminerals.com

 

Web: www.dundasminerals.com

Trigg Mining Commences Gravity Surveys Across Sulphate of Potash Portfolio

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THE DRILL SERGEANT: Trigg Mining (ASX: TMG) has commenced its first-ever ground-based exploration activities on the Lake Yeo sulphate of potash (SoP) project in Western Australia.

Trigg Mining recently secured the grant of the tenements covering what it considers to be an exciting growth opportunity, located immediately south-east of the company’s flagship Lake Throssell SOP project.

The results of the Lake Yeo gravity survey will assist in determining drill-hole targets to assess the porosity of the sediments, depth of the aquifer, and brine composition within the palaeovalley.

The company also has gravity surveys underway at Lake Throssell as part of the next phase of work for a current Pre-Feasibility Study.

“The current in-fill gravity program at Lake Throssell signifies the formal start of the Pre-Feasibility Study and will assist with identifying potential resource extensions and help to refine the planning for the test-production bores expected to be drilled in the middle of 2022,” Trigg Mining managing director Keren Paterson said in the company’s ASX announcement.

“The grant of the tenements at Lake Yeo is also a major step in evaluating the broader regional potential for SOP mineralisation close to Lake Throssell – potential which we believe is very significant.

“Lake Yeo lies just to the south, along the same interpreted palaeovalley and has similar signatures for potassium and sulphate as Lake Throssell.

“The maiden gravity survey is designed to identify the palaeovalley and potential future drill-hole locations to test this exciting project.

“If we are successful with our upcoming exploration activities, this could be a transformational development that results in a dramatic expansion of our growth pipeline in the district, around a central SOP processing hub based at Lake Throssell.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@triggmining.com.au

 

Web: www.triggmining.com.au