TG Metals’ Metallurgical Work Produces Quality Lithium Concentrate

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THE DRILL SERGEANT: TG Metals (ASX: TG6) reported preliminary results from recent metallurgical testwork undertaken on the Burmeister deposit, within the company’s Lake Johnston lithium project in Western Australia.

TG Metals had Initial Heavy Liquid Separation (HLS) work carried out applying dry magnetic separation technology that produced quality concentrate with a lithia grade ranging from 5.34 per cent lithium oxide (Li2O) to 6.31 per cent Li2O from three drill core representative composite samples recovered from the Burmeister deposit.

“These initial sighter metallurgical testwork on the Burmeister pegmatites are outstanding and support the potential to achieve a SC6 (6.0% Li2O spodumene concentrate) concentrate utilising HLS processing technology that supports our initial assumptions,” TG Metals CEO David Selfe said in the company’s ASX announcement.

“Simple mineralogy equals simple processing.

“As we progress Burmeister, we aim to demonstrate a mineral resource conducive to open-pit mining and simple metallurgy, providing favourable economics for a spodumene lithium hard rock mining and processing operation.

“A combination of Ore Sorting and HLS technology is the preferred processing method, over other more complex mineral processing flowsheets to produce a course, quality spodumene concentrate.

“Flotation batch testwork is progressing on the combined fines and middlings size fractions of the crushed ore, and once complete, the company will have the basis of a preliminary flowsheet which is consistent with a low capital intensity approach.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Centaurus Metals Hits Boi Novo Copper-Gold Mineralisation

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THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) reported on recent drilling activity at the company’s 100 per cent-owned Boi Novo copper-gold project.

Centaurus Metals has so far received assay results for 13 holes out of a total of 18 drilled so far for the maiden program at the Boi Novo project.

The company explained the drilling has identified two different copper-gold mineralisation styles intersecting zones of both high-grade breccia-hosted and broad disseminated mineralisation.

Drilling at the Nelore West prospect has intersected a 13.4 metres wide breccia zone of stringer and semi-massive sulphide mineralisation.

Drilling to test bulk tonnage low-grade targets at Nelore West and Nelore East, intersected broad zones of disseminated copper-gold mineralisation.

“We have seen grades of up to 2 per cent copper from the narrower breccia zones at the Presley prospect, which gives us encouragement for the broader zones of similar style mineralisation intersected at Nelore West,” Centaurus Metals managing director Darren Gordon said in the company’s ASX announcement.

“The high-grade breccia mineralisation intersected to date remains open down-dip and along strike and our in-house EM team has generated multiple follow up DHEM and FLEM conductor plates that remain to be tested.

“We also plan to test the large IP chargeability anomaly underneath BON-DD-24-011, which returned a combined 65 metres of lower-grade disseminated copper-gold mineralisation.

“Based on the results to date, we have extended the maiden drill campaign at Boi Novo beyond the initial 3,000 metres by an additional 2,000 metres with this additional drilling targeted to be completed by the end of the calendar year.

“Importantly, while the exploration team continues the Boi Novo program, the project team continues value engineering work at Jaguar, with the outcomes of this work planned for delivery in Q1 2025.”

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Metal Hawk Chips More High-Grade Gold at Leinster South

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THE DRILL SERGEANT: Metal Hawk (ASX: MHK) reported a run in with further high-grade gold whilst undertaking exploration at the company’s 100 per cent-owned Leinster South project near Leinster in Western Australia.

Metal Hawk carried out rock chip sampling at the Siberian Tiger target that identified high-grade gold in quartz veining revealing the gold trend at Siberian Tiger extends along the entire 3.8km strike length of greenstone to the new Tysons prospect near the granite contact to the southeast.

Other assay results from the September field campaign include a quartz vein sample grading 22 grams per tonne gold located at Tysons, just off the eastern tip of the greenstone belt.

Follow up mapping and further sampling has been carried out at the prospect.

“We are pleased to see more outstanding gold results from our field activities at Leinster South, which is shaping up as a potentially large mineralised system with multiple untested gold prospects,” Metal Hawk managing director Will Belbin said in the company’s ASX announcement.

“The fact that there has been so little exploration on this project is hard to fathom, considering we are located in one of the most mature and gold-endowed parts of the northeastern goldfields.

“Preparations for RC drilling at Siberian Tiger are underway and a drilling contractor will be appointed once a heritage clearance survey has been completed.

“We will also be planning to test several other exciting gold prospects at Leinster South in 2025.

“I would like to thank the Watarra Aboriginal Corporation and the Darlot people for enabling the timely execution of the Leinster South heritage agreement.

“We look forward to working with the Traditional Owners and progressing our field activities.”

 

 

Hamelin Gold Commences Drilling New Gold Geochemical Targets

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THE DRILL SERGEANT: Hamelin Gold (ASX: HMG) has defined new gold targets at the company’s West Tanami and the Anderson project in Western Australia.

Hamelin Gold identified the targets via recently completed soil sampling programs at the project utilising the application of the Ultrafine® (UFF) analytical technology.

The company identified a coincident gold and multi-element pathfinder anomaly, the Jazz prospect, on the limb of a tightly folded antiform to the west of the Sultan gold targets in the West Tanami.

Aircore drilling of Jazz has commenced with 60 holes planned to test the core of the new anomaly as well as other areas of interest highlighted in the UFF survey.

Other work included roadside soil sampling and UFF analysis at Company’s Anderson project in the wheatbelt that defined an area of gold anomalism extending over eight kilometres in strike with a maximum point value of 0.17 grams per tonne gold.

“The expansion of the use of soil sampling and Ultrafine® analysis across the West Tanami and our sand covered Yilgarn projects in WA is proving to be successful at defining areas of gold anomalism in previously under-explored regions,” Hamelin Gold managing director Peter Bewick said in the company’s ASX announcement.

“The recently defined Jazz anomaly in the West Tanami occurs where two key structures intersect and is hosted within a highly prospective dolerite unit.

“Jazz has strong multi-element support and has the geochemical footprint similar to other major gold deposits in the Tanami region.

“Aircore drilling at Jazz has just commenced with assay results expected in December 2024.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Encounter Resources Intersects Enriched Niobium Oxide Mineralisation

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THE DRILL SERGEANT: Encounter Resources (ASX: ENR) reported on exploration progress the company has made across multiple targets at its 100 per cent-owned Aileron project in the West Arunta region of Western Australia.

Encounter Resources explained it has adopted a drilling strategy of using low cost, fast moving aircore drilling to rapidly provide a broad outline of the potential for shallow, high-grade niobium mineralisation across key target areas within its tenement holdings.

The company scored its best niobium intercept to date at the Emily target, situated on a north-west structural trend adjacent to WA1 Resources’ Luni discovery of 23 metres at 4.2 per cent niobium from 40m to end of hole.

At the Green target, Encounter drilled its first RC holes, confirming the regolith profile and niobium oxide mineralisation extend beyond the depth of the first pass aircore drilling.

First RC assays expected November 2024.

“It is encouraging to intersect spectacular niobium grades in aircore drilling at Emily to complement similar previous results at Green and Crean,” Encounter Resources executive chairman Will Robinson said in the company’s ASX announcement.

“We have now transitioned to follow-up RC drilling, which is demonstrating that high-grade niobium oxide mineralisation is extending beyond the depths initially indicated by aircore drilling at Green.

“Assay results from the RC drilling at Green and Crean, through the better mineralised parts of these systems, are expected from November through until the March quarter 2025.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Argent Minerals Reports Kempfield NW Zone Drilling Results

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THE DRILL SERGEANT: Argent Minerals (ASX: ARD) reported assay results from recent reverse circulation (RC) drilling carried out at the company’s 100 per cent-owned Kempfield NW Zone Polymetallic gold, silver, lead, zinc prospect in New South Wales.

Argent Minerals completed seven RC drill holes over the Kempfield NW Zone that intersected shallow, broad thick high-grade zones of silver-gold-copper-lead-zinc mineralisation up to 47 metres thick from surface.

The company explained the mineralisation intersected by the drilling has proven the Kempfield Volcanic Massive Sulphide (VMS) deposit to be more extensive than previously known.

The new mineralised zone delineated is located 1.1km north of the 300 Mineralised Block, which contains 11.8 million tonnes at 54.62 grams per tonne silver equivalent for 20.8 million ounces silver equivalent resource.

Results from the RC drilling included:

AKRC242
30m at 6.15 grams per tonne silver and 0.25 per cent cooper-lead-zinc (Cu+Pb+Zn) from 3m, including 7m at 15.09g/t silver and 0.26 per cent Cu+Pb+Zn from 3m;

AKRC243
28m at 13.39g/t silver and 0.69 per cent Cu+Pb+Zn from 0m, including 1m at 1.06g/t gold and 0.34 per cent Cu+Pb+Zn from 3m, including 17m at 20.01g/t silver and 0.83 per cent Cu+Pb+Zn from 8m inc 7m at 32.24g/t silver and 0.81 per cent Cu+Pb+Zn from 11m; and

AKRC245
18m at 0.61 per cent Cu+Pb+Zn from 0m, including 4m at 3.4g/t gold and 0.63 per cent Cu+Pb+Zn from 2m, including 1m at 11.15g/t gold and 0.76 per cent Cu+Pb+Zn from 2m.

“The newly defined high-grade gold-silver-base metal zones demonstrate a strong continuation of mineralised extensions along strike from Lode 300 Mineralised Block,” Argent Minerals managing director Pedro Kastellorizos said in the company’s ASX announcement.

“It is notable to see copper introduced into the system this far north for the first time, continuous over a depth of 28 metres, in addition to significant gold values in drillholes AKRC243 and AKRC245.

“The assay results further reinforce the significant upside potential of the Kempfield project as we continue to expand the mineralised footprint.

“The drilling has confirmed further high grades over extensive intervals, but also new zones of higher-grade mineralisation outside of the JORC Resource area.

“These newly identified mineralised zones are located 1.1 kilometres from the 20.8 million ounce silver equivalent Lode 300 Mineralised Block.

“In addition to the significant advancements made at the Kempfield project, the delineation of the Sugarloaf Hill, Henry’s and Golden Wattle prospects within our project portfolio now represent significant high-grade surface gold-silver-lead-zinc targets which will be systematically drill tested in the next couple of weeks.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Trigg Minerals Prepares for Achilles Antimony Push

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THE DRILL SERGEANT: Trigg Minerals (ASX: TMG) has preparations in train to commence drilling at the company’s recently acquired Achilles antimony project in New South Wales.

The project includes the Wild Cattle Creek (WCC) antimony deposit, which Trigg Minerals claim as being Australia’s highest-grade undeveloped antimony project and one few primary antimony deposits globally.

The company’s initial exploration will focus on several priority targets within the Achilles project immediately outside the resource area and its extensions on strike.

The Achilles project contains a 6km long strike length displaying high-grade antimony occurrences outside of the WCC deposit that have not been subjected to modern exploration and drilling.

Trigg considers this provides exploration upside and expansion potential to the existing high-grade WCC deposit.

“This work will provide the basis for an updated Scoping Study,” Trigg Minerals executive chair Timothy Morrison said in the company’s ASX announcement.

“Given the current market price for Antimony and anticipated expansion of MRE the scoping study is expected to deliver vastly improved modelling of the economic potential of Wild Creek.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Gloves on For Potential Potash Pugilism

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COMMODITY CAPERS: There appears to be a stoush brewing over prospective potash tenements in Western Australia.

In July this year, in a release dated 24th of that month, Reward Minerals (ASX: RWD) advised the market it would be concentrating its efforts and funding toward the advancement of the company’s Carnarvon Potash Project (CPP) and its patent pending processing technology.

Now concentrating its focus at Carnarvon, Reward indicated it felt the need to surrender its Kumpupintil (KP) potash project tenements, also in WA, which it did on July 22.

The company maintained Miscellaneous Licence (L45/302) that contains the KP Project camp and infrastructure, which it intends using to attend to minor environmental remediation of work areas including feasibility study test ponds, trenches and site access tracks.

This week, Jamukurnu-Yapalikurnu Aboriginal Corporation (Grandfathers country-Grandmothers country) the trustee for Martu exclusive native title lands, covering approximately 150,000 square kilometres of the Western Desert in Western Australia released a statement claiming the surrender of said tenements should have been discussed with them first, but wasn’t.

In the statement the land council representing the Martu native title area announced the termination of an agreement with potash mining companies, Holocene and Reward Minerals, following what it declared “a serious breach”.

The statement cited the Kumpupintil Indigenous Land Use Agreement (ILUA) between Jamukurnu-Yapalikurnu Aboriginal Corporation (JYAC), Holocene Pty Ltd (Holocene) and Reward Minerals Ltd that was related to the Kumpupintil potash project (formerly known as the Lake Disappointment potash project).

The land council explained the ILUA contains a key clause requiring JYAC be given 60 days’ prior written notice of the company’s intention to voluntarily surrender or relinquish its project titles, giving JYAC the option to acquire mining tenements over the location on behalf of Martu.

The project titles were surrendered on 22 July 2024 without informing the land council as required.

This is where it all gets interesting. Not much time elapsed, in fact just 38 minutes after the titles were surrendered, when another company, SBR critical minerals, swooped in and lodged applications for a series of mining tenements in that same location, depriving the land council of the opportunity to consider applying for them on behalf of Martu traditional owners.

Understandably the land council was not altogether pleased with this chain of events.

“In response to this serious breach, we have written to Reward and Holocene to inform them that the Kumpupintil ILUA has been terminated, effective immediately,” JYAC interim chief executive officer Rewi Lyall said in the statement.

“Martu have exclusive possession native title rights over their ngurra.

“Companies who come here know that when they make agreements to use Martu land, JYAC takes those agreements seriously.

“The companies agreed to give Martu the first opportunity to take ownership of its project titles or peg mining tenements over the location, but their actions allowed another company to take the area instead.

“JYAC will now consider the extent of this loss to Martu, and pursue compensation through the courts if necessary.”

The Roadhouse contacted Reward Minerals and the Department of Energy, Mines, Industry Regulation and Safety (DEMIRS) for comment, but had not heard back from either before deadline. We hope to bring you more about this next week.

Lefroy Exploration Extends Near-surface Gold Resources at Mt Martin

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THE DRILL SERGEANT: Lefroy Exploration (ASX: LEX) updated the Mineral Resource Estimate (MRE) for the Mt Martin deposit located in the company’s Location 45 freehold property in the Eastern Goldfields of Western Australia.

Lefroy Exploration recent work has focused on growth in the near-surface gold resource base at its 100 per cent-owned Mt Martin project.

These efforts resulted in the estimate of 9.25 million tonnes at 1.47 grams per tonne gold for 439,000 contained ounces, which represents a 13 per cent increase in near-surface ounces.

Lefroy explained the near-surface resource growth was underpinned by an additional 29 drill holes completed within both the Main Shear and East Shear at Mt Martin that encountered numerous intersections.

“We are very pleased to provide an update on the Mt Martin resource, further demonstrating the company’s strong base of near-surface gold resources within the Lefroy project,” Lefroy Exploration CEO Graeme Gribbin said n the company’s ASX announcement.

“Located within the freehold property of Location 45, which affords a streamlined pathway to ultimate commercialisation, the Mt Martin resource is well located within the Kalgoorlie-Kambalda district, strategically placed adjacent to existing haulage and gold processing infrastructure.

“We are most encouraged by the increase in our near-surface resource ounces at Mt Martin and believe that with future near surface programs targeting the Main, East and Adelaide Shear down-plunge to the north, there is a pathway to grow the resource even further.

“Coupled with our recent MRE update announcement where we demonstrated the shallow high-grade potential of the Burns Central gold deposit, the company will now embark on exploration activities across the broader Lefroy project to unlock further value in the region.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Sunshine Metals Drills Liontown Gap Zone Resource Growth Potential

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THE DRILL SERGEANT: Sunshine Metals (ASX: SHN) reported on three of six diamond holes recently completed at the Liontown Gap Zone, part of the copany’s Ravenswood Consolidated Project in Queensland.

Sunshine Metals said the results received for the first three holes increased the company’s confidence in the Resource growth potential at the Gap Zone.

Results include:

24LTDD033
6 metres at 2.01 per cent copper, 0.29 grams per tonne gold, 1.72 per cent zinc, 0.7 per cent lead from 343m, including 2.2m at 4.48 per cent copper, 0.45g/t gold, 2.98 per cent zinc, 1.8 per cent lead from 343.8m
1m at 1.34 per cent copper, 18.95g/t gold from 360m
3m at 0.45 per cent copper, 0.2g/t gold, 5.06 per cent zinc, 1.5 per cent lead; and

24LTDD032
1.1m at 0.34 per cent copper, 0.26g/t gold, 7.12 per cent zinc, 3.22 per cent lead from 260.1m.

Sunshine indicated that assays are expected in early November 2024 for the remaining three holes.

“We are encouraged by the continuity of mineralisation in predictable locations within the Gap Zone, from what is early, broad-spaced step-off drilling,” Sunshine Metals managing director Dr Damien Keys said in the company’s ASX announcement.

“In particular, the strong copper results at depth are highly encouraging that our model for the formation of Liontown is stacking up and providing additional targets for follow up drilling.

“Gold-copper focussed metallurgical test work is also progressing well and will be reported in late October 2024.

“The drilling and metallurgical work will culminate in a Resource update/upgrade in the December 2024 quarter.

“The Gap Zone remains lightly drilled with only eight Sunshine holes to date and the next phase of drilling in early 2025 will focus on tightening the drill spacing to better understand grade and thickness variability of the mineralisation.

“Further drilling will test a historic VTEM and geochemical anomaly on the western end of Liontown.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE