Red Dirt Metals Sees Lithium Potential in Historic Drill Core

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THE DRILL SERGEANT: Red Dirt Metals (ASX: RDT) has ventured back in time in order to embrace the future at the company’s Mt Ida project in the WA Goldfields.

Red Dirt Metals reported assay results for historic drillhole IDDD002, which was drilled by previous operator of the Mt Ida project, La Mancha Resources in 2006.

The company explained that the pegmatite interval within the core had not been previously cut or analysed until being submitted by Red Dirt after the visual identification of lithium bearing minerals in the drill core.

Subsequent assay results were returned, including:

IDDD002
21.7 metres at 2.11 per cent lithium oxide (Li2O) and 302ppm tantalum pentoxide (Ta2O5) in conjunction with low iron content, confirming the high-grade potential of the Mt Ida pegmatites.

“These assay results confirm the potential the Mt Ida system has of hosting very high grade lithium-caesium-tantalum (LCT) bearing pegmatites in a system that’s relatively unexplored to date for this style of mineralisation,” Red Dirt Metals CEO Matthew Boyes said in the company’s ASX announcemet.

“Walk up drill targets under existing known pegmatite outcrops will be initially focused on in the run into Christmas and will help our team build up a better understanding of the structural controls and orientation of these pegmatitic bodies.

“We look forward to this next phase of exploration.”

Red Dirt is ready to commence an RC drill program of 25,000m that has been designed, primarily to test the Mt Ida Anorthosite-Mafic corridor located directly to the west of a large granitic complex, with the contact zone trending north-west south-east for approximately 15 kilometres within the company’s tenement package.

The program is principally designed to step out from existing known pegmatitic intrusive locations, testing both up and down dip potential and to better understand the structural controls and orientation of these intrusives.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@reddirtmetals.com.au

 

Web: www.reddirtmetals.com.au

 

Coda Minerals Identifies New Cameron River Copper-Gold Targets

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THE DRILL SERGEANT: Coda Minerals (ASX: COD) has identified new copper-gold target zones at the company’s Cameron River project, located in the Mt Isa mineral province in North Queensland.

Coda Minerals identified the new targets from recent field activity that produced high-grade rock chips at Cameron River that recorded individual peak grades of 22.9 per cent copper, 2.74 grams per tonne gold, 0.94 per cent cobalt and 156.7g/t silver in systematic rock-chip sampling.

The recent work also confirmed and extended historic data, which in turn expanded the mineralised corridor at the most prospective Copper Weed and Rebound prospect areas to 2km long and up to 800m wide.

Coda Minerals entered into a binding Farm-in and Joint Venture Agreement in March 2021, giving it the right to acquire up 80 per cent ownership in the Cameron River project.

Since then, Coda has carried out three rock chip sampling programs over what it considers the most prospective areas across the two tenements.

“Earlier this year, we farmed into the Cameron River project on the basis of its clear prospectivity and lack of systematic historical exploration knowing that we had some legwork to do on the ground,” Coda Minerals CEO Chris Stevens said in the company’s ASX announcement.

“These results are just the first step in that journey, but already we are seeing exceptional results from areas of known prospectivity as well as the emergence of new areas of interest across the tenure.

“Although these headline numbers are impressive, the Mt Isa region is well known for supergene enrichment to high grades of copper and gold in rock chip samples, and these do not always indicate a material copper endowment nearby.

“In this case however, our enthusiasm comes more from the support that these geochemical results provide for targets which were generated using a multifaceted approach emphasising geophysics and structural geology, as well as the scale, lateral extent and repeatability of the Copper Weed/Rebound anomalism in particular.

“With numerous walk-up drill targets now defined at the surface, the potential of the Cameron River project for a short-term discovery is stronger than ever.

“Clearly, our primary focus remains on the ongoing activity at our flagship Elizabeth Creek project in South Australia, however, we will also be moving quickly to test these exciting new targets when the weather allows in the new year.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@codaminerals.com

 

Web: www.codaminerals.com

 

Musgrave Minerals Highlights Grade Potential at Big Sky

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) awoke to a beautiful Busselton morning to lodge an announcement to the ASX before heading to the South West Connect Conference.

Musgrave Minerals reported further strong assay results from reverse circulation (RC) drilling currently underway at the Big Sky prospect along the new gold corridor south-west of Lena and Break of Day on the company’s 100 per cent-owned ground at its Cue gold project in Western Australia’s Murchison district.

Infill RC drilling at Big Sky encountered a bonanza gold grade of:

21MORC277
28 metres at 35.9 grams per tonne gold from 49m, including 1m at 898g/t gold from 49m with coarse gold visible in quartz in RC drill chips.

The drilling has identified an additional new high-grade gold position in the Big Sky footwall that remains open and untested along strike.

Footwall intercepts include:

21MORC212
7 metres at 8.6g/t gold from 43m, including 1m at 55.2g/t gold from 44m;

21MORC213
3m at 13.2g/t gold from 3m and 2m at 6g/t gold from 94m to EOH;

21MORC216
6m at 3.6g/t gold from 24m; and

21MORC279
2m at 12g/t gold from 110m.

“This is a very good result and highlights the high grade potential at Big Sky over the broader 2.6 kilometres of strike,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.

“It is unusual on the Yilgarn to see such coarse gold in RC drill chips and the results validate our belief that there are high grade zones within the Big Sky trend.

“The identification of a new dolerite hosted zone in the footwall of Big Sky is also a positive.

“This could be the southern extension of the same dolerite unit identified to the north on the Evolution JV.

“Gold can be hosted in many different rock types on the Yilgarn but dolerites are one of the most prolific host lithologies for large deposits.

“We are drilling full steam ahead to deliver a maiden resource for Big Sky in Q2 2022.

“It’s an exciting area and we look forward to updating the market with further results as assays are received.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@musgraveminerals.com.au

 

Web: www.musgraveminerals.com.au

 

 

Peel Mining Hits Widest Copper at Wirlong

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THE DRILL SERGEANT: Peel Mining (ASX: PEX) greeted the day one crowd at the South West Connect Conference in Busselton with news on drilling from the company’s 100 per cent-owned Wirlong and Mallee Bull copper deposits in New South Wales.

Peel Mining reported that recent drilling had returned further high-grade copper-mineralised intercepts, including the company’s widest copper intercept achieved to date at Wirlong of:

WLDD040
205 metres at 1.4 per cent copper, 3 grams per tonne silver from 434m.

This intercept included:

161m at 1.53 per cent copper, 3g/t silver from 434m, including 7m at 3.63 per cent copper, 7g/t silver from 458m, 9m at 3.19 per cent copper, 9g/t silver from 475m, 11m at 4.32 per cent copper, 8g/t silver from 501m, and 10m at 4.6 per cent copper, 7g/t silver from 584m; and

16m at 2.02 per cent copper, 3g/t silver from 622m.

Drilling at Mallee Bull for a pending resource upgrade also yielded further high-grade copper mineralisation, including:

MBDD053
26.84m at 3.12 per cent copper, 23g/t silver, 0.14g/t gold from 542.16m, including 3.44m at 4.43 per cent copper, 76g/t silver, 0.62g/t gold from 542.16m, and 10m at 5.92 per cent copper, 30g/t silver, 0.12g/t gold from 553m.

“Maiden resource modelling and estimation for Wirlong is now underway whilst resource drilling continues to define this growing copper system where mineralisation remains open in most directions,” Peel Mining managing director Rob Tyson said in the company’s ASX announcement.

“WLDD040 has returned the most significant copper intercept at Wirlong to date and recent structural modelling indicates that this mineralisation remains open along strike to the southeast.

“At Mallee Bull, resource drilling continues to advance with approximately 80 per cent of the original resource definition program completed.

“MBDD053 has yielded a wide, high grade copper intercept on the boundary of the current resource indicating a significant thickening of the Mallee Bull lode in this area.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@peelmining.com.au

 

Web: www.peelmining.com.au

 

Great Boulder Resources Drills Increases to Mulga Bill Geology

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THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) reported on recent exploration activity undertaken at the company’s Side Well gold project in Western Australia.

Great boulder Resources completed a high-resolution gravity survey combined with reprocessing of previous VTEM data, the results from which it has interpreted to demonstrate the scale of the Mulga Bill mineralised corridor, particularly a three kilometres-long section where coincident gravity and conductive features present a high-priority exploration target extending to depth.

In parallel to this, the company also received assays from diamond core and a single RC scissor hole that have confirmed the orientation of high-grade quartz veins such as that recently intersected in hole 21MBRC034 of 14 metres at 36.12 grams per tonne gold from 91m, including 3m at 149.89g/t gold.

“This is a significant development in our understanding of Mulga Bill.” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“The geophysical interpretation has sharpened our focus on the three kilometres between the two Proterozoic dykes.

“So far, we’ve only drilled the first 900 metres of strike in this area with extremely high-grade gold intersections.

“Our new model suggests the most prospective area is further south, where we have gold and bismuth pathfinders in AC drilling but we haven’t yet tested it with any RC drilling.

“If we have a tabular subvertical zone over three kilometres long and 50 metres wide, open at both ends with strong copper-gold-silver enrichment and a stacked set of high-grade quartz-pyrite-gold veins, this deposit has potential for a very significant metal endowment.”

Upcoming work at the Side Well project is to include phase 5 RC drilling that is currently progressing and scheduled to be complete in the next two to three weeks.

During this program the company intends testing a deeper priority target as well as some initial test holes into the new Ironbark and Loaded Dog prospects.

The next phase of AC drilling is also now underway testing a range of targets on the Mulga Bill corridor as well as regional targets within the Side Well gold project.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@greatboulder.com.au

 

Web: www.greatboulder.com.au

 

Corazon Mining Upgrades Lynn Lake Nickel Sulphide Project Resources

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THE DRILL SERGEANT: Corazon Mining (ASX: CZN) announced an upgrade of the JORC-compliant resource estimate for the company’s Lynn Lake nickel-copper-cobalt sulphide project in Manitoba Province, Canada.

Corazon Mining reported the new Resource Estimate for the Lynn Lake Project has resulted in 20 per cent of the resource previously reported by the company in November 2019, being upgraded to the highest-quality Measured resource category.

The new Resource Estimate includes (at a 0.5% nickel base cut):

Measured
3.28 million tonnes at 0.67 per cent nickel, 0.32 per cent copper, 0.03 per cent cobalt

Indicated
9.62 million tonnes 0.7 per cent nickel, 0.34 per cent copper, 0.035 per cent cobalt

Inferred
3.42 million tonnes at 0.79 per cent nickel, 0.33 per cent copper, 0.027 per cent cobalt

For total contained metal of 116,800 tonnes nickel, 54,300 tonnes copper, 5,300 tonnes cobalt

“This significant resource upgrade provides further confidence in the potential to develop a long-life, bulk, low cost mining operation at Lynn Lake,” Corazon Mining said in its ASX announcement.

“The resource upgrade has been delivered as a result of the company’s increased level of confidence in the historic drilling databases and initial encouraging results from current and ongoing mining studies currently being undertaken for the Lynn Lake Mining Centre.”

Corazon Mining currently has exploration drilling underway at Lynn Lake testing ‘off-hole’ electromagnetic (EM) conductors it had defined earlier this year at the Fraser Lake Complex (FLC), approximately 10 kilometres south of the Lynn Lake Mining Centre.

The company has interpreted these conductors to have geophysical signatures and sizes similar to nickel sulphide deposits within the Mining Centre.

The current program is to consist of approximately 2,000 metres of diamond core drilling that will initially focus on three priority targets, all close to one another, for a total of approximately 1,000 metres.

 

 

Email: info@corazon.com.au

 

Web: www.corazon.com.au

 

Aruma Resources Set for Drilling at Mt Deans Lithium Project

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THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) is preparing to commence drilling at the company’s Mt Deans lithium tantalite project in the Goldfields region of Western Australia.

Aruma Resources informed the market this morning that a Program of Works (PoW) for drilling has been approved, and the company will now mobilise to site with drilling expected to commence upon completion of a Heritage Survey.

Aruma considers the Mt Deans project as being highly prospective for lithium minerals, as wells as tantalum and rare earth element (REE) minerals.

Previous exploration at the project identified swarm pegmatites over a strike length of one kilometre.

The project sits within the lithium corridor in south-east WA, which hosts multiple hard-rock lithium projects and is interpreted to sit within the same host rocks and structures as the nearby Mt Marion, Bald Hill and Buldania lithium projects.

Aruma signalled it plans to conduct an initial 12 reverse circulation (RC) hole drilling program at Mt Deans with drilling planned to a maximum hole depth of 200 metres, with holes spaced approximately 50m apart.

“The Mt Deans project is an exciting lithium and tantalum exploration opportunity, which is 100 per cent-owned by Aruma and hosts 1.4 kilometres of strike, including pegmatite intersections up to 20 metres thick in historic drilling, and spodumene,” Aruma Resources managing director Peter Schwann said in the compay’s ASX announcement.

“With the PoW for drilling now approved, we eagerly anticipate the commencement of the first phase of drilling.”

 

 

 

Email: info@arumaresources.com

 

Web: www.arumaresources.com

 

S2 Resources Drills Encouraging Results at Jillewarra JV

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THE DRILL SERGEANT: S2 Resources (ASX: S2R) has spent a good deal of time recently conducting drilling programs across the company’s the Jillewarra Joint Venture in Western Australia, where it is earning up to a 70 per cent interest.

S2 Reources’ most recent drilling efforts involved approximately 6,500 metres of aircore drilling carried out at the Zapata target within the Jillewarra JV in Western Australia.

At present assays for this program are pending, however, all outstanding assays for previous Jillewarra aircore programs conducted at the Revenge target area in central-north of the project and at Western Trend in the southwest have now come in.

The recently discovered Western Trend, located west of the Margueritta prospect in the Chesterfield area in the southwest of the Jillewarra belt, returned results drilled within a developing gold anomaly trending for approx. 400 metres between historical workings to the north and previous aircore drilling to the south.

Better intercepts include:

SJWA0346
4 metres at 4.3 grams per tonne gold from 28m; and

SJWA0334
4m at 1g/t gold from surface.

Assays have also been received for reconnaissance drilling completed in July this year at the Revenge target in the central-north of the Jillewarra belt.

Revenge was identified as an area of interpreted structural and geological interest where aeromagnetic imagery shows a bifurcation of stratigraphy to the NW and NNW.

S2 completed 102 aircore holes on five very broad spaced lines covering a strike extent of approximately 2.7 kilometres.

The company declared the results as ‘encouraging’, identifying multiple anomalous gold trends along shear zones, as well as elevated gold associated with an interpreted diorite intrusion.

Better results above a 200ppb (0.2g/t) gold threshold included:

SJWA0265
4m at 1g/t gold from 68m; and

SJWA0238
4m at 0.2g/t gold from 12m, and 4m at 1g/t gold from 28m and 4m at 0.2g/t gold from 48m.

“Jillewarra remains largely underexplored with 50 kilometres strike of prospective Archaean greenstone geology and very limited drilling below 70 metres,” S2 Resources said in its ASX announcement.

“The company will continue its systematic approach to identify and drill test targets throughout the belt, generally commencing with reconnaissance aircore.

“To date, 30 targets have been identified based on structural and geological interpretation, evidence of historical workings and historic exploration data.”

 

 

Email: admin@s2resources.com.au

 

Web: www.s2resources.com.au

 

Keren Paterson Trigg Mining (ASX: TMG) October 2021

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Trigg Mining (ASX: TMG) recently completed a Scoping Study on its Lake Throssell sulphate of potash project in Western Australia that led to the immediate start of a Pre-Feasibilty Study. Trigg Mining managing director Keren Paterson zoomed into The Resources Roadhouse to update Wally Graham on the company’s progress from explorer to developer.

Paul Bennett Medallion Metals (ASX: MM8) October 2021

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Medallion Metals (ASX: MM8) has just spun out its nickel assets to allow the company to concentrate on its gold portfolio in Western Australia where drilling keeps returning impressive results. Before heading down to the South West Connect Conference, Medallion managing director Paul Bennett zoomed into The Resources Roadhouse to give Wally Graham the lowdown on the company’s progress.