Kin Mining Scores Impressive Assays from First-Pass Mt Flora Drilling

/in , /by

THE DRILL SERGEANT: Kin Mining (ASX: KIN) reported an encounter with zones of shallow, high-grade gold mineralisation via a recently completed air-core (AC) drilling program at the Mount Flora prospect, located 20 kilometres from the company’s 100 per cent-owned 1.23 million ounce Cardinia Gold Project (CGP) near Leonora in Western Australia.

Kin Mining said the results have rapidly elevated the Mount Flora prospect as a priority for the company’s exploration team.

Results included:

MF21AC522
22 metres at 8.96 grams per tonne gold from 24m, including 8m at 21g/t gold from 32m;

MF21AC525
8m at 2.79g/t gold from 28m;

MF21AC432
8m at 2.47g/t gold from 16m;

MF21AC427
13m at 0.97g/t gold from 20m; and

MF21AC523
12m at 0.95g/t gold from 0m.

“These are spectacular results for air-core drilling which have rapidly elevated Mount Flora as a high priority for our exploration team,” Kin Mining managing director Andrew Munckton said in the company’s ASX announcement.

“It’s not often you hit 22 metres at nine grams per tonne, including eight metres at 21 grams per tonne in the very first pass of shallow air-core drilling in a new area.

“Together with the encouraging results returned from other holes across the prospect, this is clearly an area which demands rapid follow-up!

“Mount Flora formed part of the original Kin Mining IPO but has had relatively little exploration attention given our focus on the main deposits at Cardinia.

“The area hosts numerous historic workings but has barely been touched since limited RAB drilling by Sons of Gwalia in the 1980s.

“Given its strategic location within economic haulage distance of the Cardinia Project, we will be pushing hard to get more drilling in to this area as quickly as possible.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@kinmining.com.au

 

Web: www.kinmining.com.au

 

Cazaly Resources Busy at Halls Creek Copper Project

/in , /by

THE DRILL SERGEANT: Cazaly Resources (ASX: CAZ) has been able to beat the pack and secure the services of a drilling contractor and geophysical ground crews to bring forward planned work at the company’s Halls Creek copper project in the Kimberley region of Western Australia.

Cazaly Resources will commence drilling a ten-hole program consisting RC holes and pre-collars before changing to finalise some holes with diamond core.

The drilling is planned to initially test a strong downhole EM (DHEM) conductor and other down dip and along strike targets for undiscovered mineralisation previously defined at the Mount Angelo North prospect.

Drilling will also test possible strike extensions of VMS mineralisation to the north of the deposit, including testing a previously defined highly chargeable IP anomaly.

Additionally, Cazaly has engaged a geophysical crew working in the region nearby that is expected to kick off ground EM surveys that hope to identify deep conductors within the immediate footprint of the Mount Angelo VMS system by testing below the main known copper-zinc mineralisation and exploring the mineralised stratigraphic sequence along strike to the north of the Mount Angelo copper-zinc deposit.

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@cazalyresources.com.au

 

Web: www.cazalyresources.com.au

 

 

Venture Minerals Drilling at Mt Lindsay in Preparation of Global Tin Rush

/in , /by

THE DRILL SERGEANT: Venture Minerals (ASX: VMS) is looking to take advantage of current high tin prices and has commenced drilling at the company’s Mount Lindsay tin-tungsten asset in Tasmania.

Mount Lindsay is already classified by the Australian Government as a Critical Mineralsthat Venture Minerals has further enhanced by the identifying several high priority Renison style tin drill targets via a recently completed major EM Survey.

The Mount Lindsay tin-tungsten project contains one of the largest undeveloped tin deposits in the world, containing in excess of 80,000 tonnes of tin metal.

The Mount Lindsay target is along strike to the high-grade Renison Bell tin mine and is supported by a historic alluvial tin field and coincidental electromagnetic (EM), magnetic and geochemical anomalies.

Enture Minerals’ timing is on the money with tin currently recognised as a fundamental metal to the battery revolution and new technology and the International Tin Association predicting a surge in demand driven by the lithium-ion battery market of up to 60,000 tonnes per annum by 2030.

“With record Tin Prices it’s a great time to be drilling our recently identified High Priority Tin Target along strike to Renison Bell, one of the world’s largest and highest-grade tin mines,” Venture Minerals managing director Andrew Radonjic said in the company’s ASX announcement.

“Tin is a critical EV metal and the discovery of another tin deposit will only add to the highly credential Mount Lindsay tin-tungsten project, which already contains one of the largest undeveloped tin deposits in the world.

“Mount Lindsay has the potential to become flagship asset for the company and once developed could supply responsibly sourced tin to the EV revolution.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@ventureminerals.com.au

 

Web: www.ventureminerals.com.au

 

Firefinch Declares K2 as New Morila Satellite Deposit

/in , /by

THE DRILL SERGEANT: Firefinch (ASX: FFX) has made the identification of a new satellite deposit at the company’s Morila gold mine in Mali.

Firefinch completed a recent drilling campaign on the K2 prospect that sits within trucking distance of the Morila mine.

Intercepts from the recent K2 drilling include:

KOTRC112
23 metres at 1.8 grams per tonne gold from 50m, including 1m at 13.1 g/t gold from 53m;

KOTRC115
7m at 3.02g/t gold from 19m and 2m at 10.06g/t gold from 55m;

KOTRC085
4m at 2.62g/t gold from 50m; and

KOTRC110
7m at 1.71 g/t Au from 11m.

K2, which was quickly promoted to deposit status, sits approximately 25 kilometres north-west of Morila and will be serviced by the proposed Koting haul road.

K2 lies 250 metres south-west of the planned Koting open pit and 1km NE of the company’s recent K3 South discovery, where drilling is currently ongoing.

“Our systematic exploration approach is paying off and generating tangible results for the company,” Firefinch managing director Dr Michael Anderson said in the company’s ASX announcement.

“The identification of the K2 deposit is another great result from our intensive drilling campaign.

“Finding and delineating a new source of oxide feed will provide additional flexibility to our milling options during the next 12 months as we ramp-up production and move towards re-commencement of mining at Morila.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@firefinchltd.com

 

Web: www.firefinchltd.com

 

Musgrave Minerals Adds-up White Heat and Numbers Results

/in , /by

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) provided further high-grade reverse circulation (RC) gold assay results from the White Heat and Numbers prospects on the company’s 100 per cent-owned ground at the Cue gold project in Western Australia.

Musgrave Minerals reported RC drilling at White Heat, situated 300 metres south of the Break of Day deposit, continues to confirm high-grade gold mineralisation near surface and has extended the mineralised high-grade shoot to 120m down plunge where it remains open.

New one-metre samples returned:

21MORC050
2 metres at 38.7 grams per tonne gold from 10m, including 1m at 74.9g/t gold from 10m;

21MORC065
3m at 12.3g/t gold from 107m, including 2m at 17.9g/t gold from 108m; and

21MORC052
2m at 9.4g/t gold from 109m.

Six-metre composite samples, included:

21MORC051
6m at 3.6g/t gold from 18m.

The Numbers prospect, approximately 3.5 kilometres south of Break of Day, already has an Inferred Resource of 278,000 tonnes at 2.46g/t gold for 22,000 ounces of gold.

Musgrave believes Numbers could become a satellite pit to a larger development at Break of Day/Lena.

New intersections from Numbers include:

21MORC071
12m at 9.1g/t gold from 48m, including 6m at 17g/t gold from 54m;

21MORC077
12m at 3.7g/t gold from 18m;

21MORC057
18m at 2.3g/t gold from 60m;

21MORC062
18m at 2g/t gold from 78m;

21MORC070
18m at 1.2g/t gold from 84m;

21MORC068
12m at 2.1g/t gold from 132m; and

21MORC064
12m at 3.6g/t gold from 54m.

“These high-grade, near surface gold results from White Heat and infill drilling at the Numbers prospect, together with the Big Sky discovery to the west, further highlight the discovery potential of the project,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.

“Diamond drilling will shortly be underway at White Heat to confirm and extend the mineralisation.

“At Big Sky, 900 metres to the west, the company is continuing a 10,000 metres RC drilling program to better define the basement mineralisation and is awaiting assay results for the 40 RC drill holes completed to date.”

The current resource estimate for the Cue gold project totals 6.4 million tonnes at 3.2g/t gold for 659,000 ounces, including the Break of Day deposit (797,000 tonnes at 10.2g/t gold for 262,000 ounces contained gold) and the Lena deposit (4.3 million tonnes at 2.3g/t gold for 325,000 ounces contained gold).

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@musgraveminerals.com.au

 

Web: www.musgraveminerals.com.au

 

Azure Minerals Drills New Sulphides at Andover Discovery

/in , /by

THE DRILL SERGEANT: Azure Minerals (ASX: AZS) announced the outcome ofrecent drilling activity at the company’s Andover nickel-copper project in Western Australia.

Azure Minerals informed the market that drilling in the western part of the VC-07 mineralised corridor on the Andover project intersected two new broad zones of nickel-copper sulphide mineralisation.

The first hole (ANDD0041) to be drilled into two newly identified DHTEM conductors intersected two broad mineralised zones sitting approximately 200 metres apart (downhole) and about 400m west of the first Andover discovery (VC-07 East).

ANDD0041 intersected:

36.6m of matrix and heavily disseminated nickel-copper sulphides from 428.15m; and
28.9m of matrix, stringer and disseminated nickel-copper sulphides from 644.1m.

The company is already drilling to follow-up the sulphide mineralisation intersected in ANDD0041 with testing along strike to the west (ANDD0042) and for up-dip mineralised extensions (ANDD0045).

Azure has completed 43 diamond drill holes at Andover, with 35 holes drilled at VC-07 and eight holes drilled at VC-23.

Two diamond drill rigs are testing the VC-07 West mineralisation and a third rig is continuing to in-fill drill the VC-07 East mineralised zone for mineral resource estimation purposes.

 

 

 

Email: admin@azureminerals.com.au

 

Web: www.azureminerals.com.au

 

 

Caspin Resources Intersects Broad Sulphide Zones at Yarabrook Hill

/in , /by

THE DRILL SERGEANT: Caspin Resources (ASX: CPN) reported the completion of a diamond drill program at the company’s Yarawindah Brook nickel-copper-PGE project in Western Australia.

Caspin Resources drilled the two final holes of the program at Yarabrook Hill, both of which encountered meaningful widths of sulphides.

The first hole, YAD0017, intersected several zones of disseminated sulphide, consistent with that observed in a previous hole the company had drilled nearby, DNN05.

The second hole, YAD0018, also encountered similar styles of sulphide mineralisation, hosted by mafic to ultramafic rocks.

“The two holes at Yarabrook Hill have delivered exactly what we wanted to see, that is, mafic and ultramafic rocks with broad zones of copper and nickel sulphide mineralisation which we believe is a good visual proxy for potential PGE mineralisation,” Caspin Resources CEO Greg Miles said in the company’s ASX announcement.

“The holes are 1.25 kilometres apart, so the scale of the opportunity is significant.

“Now we wait with anticipation for the assay results.

“In the meantime, we are already planning the next work program. We are extremely grateful to have received a co-funded drilling grant through the WA Government Exploration Incentive Scheme.

“This is going to allow us to drill the deepest hole at Yarabrook Hill to date which will give us a huge amount of new geological information as well as another opportunity for discovery.

“While we wait for assay results, we will also commence work on our Mount Squires project which is highly prospective for gold, copper and nickel.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@caspin.com.au

 

Web: www.caspin.com.au

 

Kin Mining Hits High-Grade Gold at Eagle-Crow Prospect

/in , /by

THE DRILL SERGEANT: Kin Mining (ASX: KIN) released results from a recent follow-up air-core (AC) drilling program at the Eagle-Crow prospect, located on the western side of the company’s 100 per cent-owned Cardinia gold project (CGP) near Leonora in Western Australia.

Kin Mining said the results – achieved two kilometres west of the proposed processing plant location – have returned further meaningful zones of shallow, high-grade gold mineralisation, including:

EG21AC400
8 metres at 19.8 grams per tonne gold from 40m, including 4m at 38.8g/t gold from 44m;

EG21AC298
8m at 1.09g/t gold from 20m;

EG21AC310
4m at 1.93g/t gold from 28m;

EG21AC341
4m at 1.04g/t gold from 16m; and

EG21AC342
4m at 1.01g/t gold from 8m.

“These latest results further reinforce our enthusiasm about this western side of the Cardinia Gold Project, with Eagle-Crow showing plenty of early-stage similarities to the nearby Bruno-Lewis deposit and the rapidly-emerging Cardinia Hill deposit,” Kin Mining managing director Andrew Munckton said in the company’s ASX announcement.

“Based on this successful air-core drilling program, we have now confirmed the presence of two parallel zones of mineralisation at Eagle-Crow, with follow-up RC and diamond drilling to be undertaken as soon as the rigs complete the current drill programs underway at Rangoon and Cardinia Hill, which is expected around mid-June.

“While Eagle-Crow remains an early-stage exploration target, the results that we’re seeing indicate exciting potential to delineate a new, shallow, high-grade gold discovery to organically grow the 1.23 million ounces Cardinia Gold Project.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@kinmining.com.au

 

Web: www.kinmining.com.au

 

Meteoric Resources Commences 2020 Palm Springs Drill Campaign

/in , /by

THE DRILL SERGEANT: Meteoric Resources (ASX: MEI) has commenced a drilling program at the company’s Palm Springs gold project, southeast of Halls Creek in the Kimberley region of Western Australia.

Meteoric Resources said the drilling would be targeting mineralisation on Mining License M80/106, situated south of the Butchers Creek Pit infill drilling of results achieved from the company’s 2020 drilling efforts.

The new drilling is expected to improve confidence in any stated resources with sections designed to extend the mineralisation another 160 metres south.

Ten holes have been planned to consist a combination of RC pre-collars with diamond drilling tails accounting for most holes, one of which is a re-entry into a RC hole drilled in 2020.

“After a pause across the northern wet season we are once again entering the most exciting phase of exploration: drilling,” Meteoric Resources managing director Andrew Tunks said in the company’s ASX announcement.

“Our maiden 2020 program highlighted several key geological features that have been used to meticulously plan the 2021 drilling.

“Namely; the gold mineralisation is stratabound within a volcanic trachyte unit and the high grades are preferentially located within the fold hinge of a regional scale anticline.

“These facts have allowed us to target untested hinge positions and to explore for further extensions to the know mineralisation southward to the edge of the mining lease.

“I am confident that with results like 69 metres at 4.4 grams per tonne gold in BCRD467 from the 2020 campaign to follow-up we will be intersecting more exciting high-grade zones and add significant gold ounces to the current open-pit resource.

“In addition, the exploration team has been onsite for several weeks laying the ground work for upcoming exploration such as setting up the onsite exploration camp, dewatering the Butchers Creek Open Pit and preparing for the proposed IP and Magnetic geophysical surveys.”

 

 

 

Web: www.meteoric.com.au

 

 

Miramar Resources at RIU Sydney Resources Roundup

/in , /by

THE CONFERENCE CALLER: The Resources Roadhouse spoke with Miramar Resources (ASX: M2r) executive chairman Allan Kelly at the recent RIU Sydney Resources Roundup.