Great Southern Mining Extends Strike at Cox’s Find

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THE DRILL SERGEANT: Great Southern Mining (ASX: GSN) reported further high-grade gold intersections from recently-completed Reverse Circulation (RC) and Diamond drilling programs at the company’s 100 per cent-owned Cox’s Find project in the Laverton gold district of Western Australia.

Great Southern Mining said it was encouraged by diamond program results with intersections including:

20CFRCD008
3.6 metres at 8.03 grams per tonne gold from 169m, including 1m at 27.5g/t gold.

This hole was 30m down plunge from a previous intersection that was reported in July encountered in:

20CFRCD004
5.65m at 80g/t gold from 160m, including 1.1m at 404g/t gold.

The RC program was designed to test the shallow down plunge and strike extensions of the main lode north and south of the pit.

Great Southern indicated this had intersected continuity of the mineralised system with results including:

5m at 5.51g/t gold from 59m, including 2m at 12.5g/t gold; and
7m at 1.23g/t gold from 86m, including 2m at 2.94g/t gold.

Extension drilling confirmed the mineralisation sequence continues further south than previously thought with further encouraging results including:

15m at 1.01g/t gold from 167m; and
6m at 0.62g/t gold from 157m, including 1m at 2.57g/t gold.

“These results cement a tremendous platform for further exploration and growth at the company’s Cox’s Find project,” Great Southern Mining recently appointed chief executive officer Sean Gregory said in the company’s announcement to the Australian Securities Exchange.

“The team has demonstrated that the bonanza grades reported earlier in the quarter are part of a continuous mineralised system that extends to depth and along strike to the south.

“It is an exciting time for the company as we are only just beginning to unlock the geological potential of this high-grade gold system.”

Great Southern Mining said the recent RC and Diamond drilling program at Cox’s Find had demonstrated high-grade mineralisation persists at depth and along strike at Cox’s Find.

The company signalled further interrogation and expert reviewing are planned over the coming weeks, which it expects to tightly delineate targets for further drilling; namely the unmined high-grade level 5-6 material, and the plunge extensions at depth and to the south.

 

 

Email: admin@gsml.com.au

 

Web: www.gsml.com.au

 

Dreadnought Resources Drilling at Matzke’s and Longmore’s Finds

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THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has started a 36-hole RC drill program at the company’s Illaara gold-VMS-iron ore project in Western Australia.

Dreadnought Resources will commence by drilling 19 holes at Metzke’s Find, where it has previously encountered high-grade gold intercepts.

Once the Metzke’s Find drilling is complete, Dreadnought will move the rig approximately 10 kilometres north to Longmore’s Find and undertake the first drilling program targeting three forgotten historical lodes identified by Captain Longmore in the 1920s.

Longmore’s Find has a Lassiter’s Reef feel to it, having been unearthed by Dreadnought while researching the history of Metzke’s Find in a 1923 newspaper article discussing the results of the No. 3 State Prospecting Party’s discovery six miles north of Metzke’s Find.

Having achieved recent rock chips, up to 18 grams per tonne gold, Dreadnought is excited to accelerate exploration at Longmore’s Find.

“Dreadnought is excited to recommence drilling at Metzke’s Find to follow up on previous significant intercepts,” Dreadnought Resources managing director Dean Tuck said in the company’s announcement to the Australian Securities Exchange.

“As well, we will kick off the first ever drilling at the recently re-discovered Longmore’s Find.

“We have an exciting time ahead with drilling and results from Illaara prior to heading up to the Kimberley.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@dreadnoughtresources.com.au

 

Web: www.dreadnoughtresources.com.au

 

Blackstone Minerals Drilling New Nickel Targets

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THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has commenced drilling at the Ta Cuong prospect, targeting high-grade massive sulphide nickel-copper-PGE analogous to the recently discovered Ban Chang prospect, part of the company’s Ta Khoa nickel-copper-PGE project in Vietnam.

Ta Cuong is six kilometres along strike from Ban Chang and close to a major regional structure that is also close to the Ban Phuc and Ban Chang prospects.

Blackstone Minerals found drilling by previous owners did not target geophysical anomalies, however the company has revisited un-assayed historic drill holes to define new targets at Ta Cuong for high impact drill testing.

Ta Cuong is Blackstone’s second high priority massive sulphide vein (MSV) prospect within its portfolio of 25 MSV prospects to be systematically tested with modern techniques.

“Based on geological similarities and now with some exciting EM plates to target, we believe Ta Cuong has the potential to deliver similar results to Ban Chang and Ban Phuc,” Blackstone Minerals managing director Scott Williamson said in the company’s announcement to the Australian Securities Exchange.

“We continue to systematically test our 25 MSV prospects and with our in-house geophysics crew and Blackstone-owned drill rigs, we can cost effectively explore this globally significant nickel sulphide district using modern geophysical techniques.

“We see potential to increase future annual nickel production from the Ta Khoa nickel-copper-PGE project through targeting high-grade MSV to complement the base load nickel sulphide feed from the bulk open pit mining scenario we are currently modelling at Ban Phuc and King Cobra.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackstoneminerals.com.au

 

Web: www.blackstoneminerals.com.au

 

Azure Minerals Acquires Kookynie – Ulysses Gold Corridor Project

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THE BOURSE WHISPERER: Azure Minerals (ASX: AZS) continued to build its domestic portfolio with the acquisition of 100 per cent-ownership of the Barton gold project, a single Exploration Licence Application (ELA 40/393) in Western Australia from local company 30 Well Pty Ltd.

The Barton project is located near the historical gold mining town of Kookynie approximately 200 kilometres north of Kalgoorlie and 40km south of Leonora in the Eastern Goldfields.

The project covers just over 200 square kilometres of the Kookynie Gold District and adjoins several growing gold deposits / projects, including: Genesis Minerals’ Ulysses and Kookynie gold projects; Metalicity’s recent high-grade Kookynie gold discoveries; and Saturn Minerals’ Apollo Hill gold project.

“The Barton project is ideally situated within the Kookynie Gold District which is fast developing a reputation as a very exciting exploration and mine development area,” Azure Minerals managing director Tony Rovira said in the company’s announcement to the Australian Securities Exchange.

“This purchase adds to Azure’s growing portfolio of Western Australian projects which commenced with the recent acquisition of four gold and nickel projects from Mark Creasy and the Creasy Group.

“Building a portfolio of Western Australian projects has reduced Azure’s risk profile by diversifying across commodities and jurisdictions.

“This strategy has now given shareholders exposure to two of WA’s most exciting gold exploration areas – the Mallina district in the Pilbara and the reborn Kookynie district – as well as taking on Creasy’s nickel-copper discovery in the Andover layered mafic-ultramafic complex.

“Given recent exploration successes in the Kookynie district by other companies, Azure is confident that comprehensive and targeted exploration on the largely unexplored 200 square kilometres Barton landholding has good potential for the discovery of significant gold mineralisation.

“Meanwhile, we’re not neglecting our Mexican assets with target identification and drill planning finalised for the Alacrán silver-gold-copper project and drilling is expected in Q4 2020.”

 

Web: www.azureminerals.com.au

Encounter Resources Set to Test Drill Ready Gold Targets at Lamil

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THE DRILL SERGEANT: Encounter Resources (ASX: ENR) has earmarked a trio of new targets it intends testing by way of an upcoming RC drill program at the company’s 100 per cent-owned Lamil copper-gold project in the Paterson Province of Western Australia.

Encounter Resources explained the targets had been identified by specialist inversion modelling of magnetic, EM and IP geophysical survey results.

The Elsa prospect is an IP chargeability anomaly the company identified earlier this year from results achieved in two diamond drill holes (ETG0203 and ETG0204) that intersected wide zones of brecciated, fractured and veined intercalated metasediments with associated intense alteration that are interpreted to have defined a major structural fluid pathway.

The Gap prospect is an open broad zone of gold-copper mineralisation, a section of which was subjected to four 80m spaced RC/diamond drill holes.

Three holes completed on the south-western end of the section encountered thick zones of near surface supergene gold mineralisation.

Earlier diamond drilling in the Dune prospect (drill hole ETG0003), intersected strong supergene gold mineralisation located on the fold axis in the northern part of the Lamil dome.

“High-grade gold has been intersected in broad spaced drilling over five kilometres of the Lamil dome,” Encounter Resources managing director Will Robinson said in the company’s announcement to the Australian Securities Exchange.

“Innovative new geophysical 3D inversion modelling of the IP, magnetics and airborne EM data has provided a potential step change in the structural understanding at Lamil and has highlighted an untested Havieron-style target adjacent to the extensive breccia zone drilled in March 2020.

“In addition, laterally extensive zones of supergene gold mineralisation will be drill tested at the Gap and Dune prospects.

“Drilling is scheduled to commence in September 2020.”

 

 

Email: contact@enrl.com.au

 

Web: www.enrl.com.au

 

Kin Mining Confirms East Lynne Mineralisation

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THE DRILL SERGEANT: Kin Mining (ASX: KIN) kept market-watchers on their toes this week with a further announcement from the company’s 100 per cent-owned Cardinia Gold Project (CGP), located near Leonora in Western Australia.

Kin Mining followed up results from its Helens East prospect with strong assay results from recent aircore (AC) drilling at the East Lynne prospect, located 3km north-east of the proposed plant site at the CGP.

Assay results from Line 5 and Line 6 of the recently-completed 14-line program include:

Line 5

EL20AC093
20 metres at 0.96 grams per tonne gold from 20m;

EL20AC097
4m at 2.21g/t gold from 20m; and

EL20AC099
12m at 1.28g/t gold from 12m.

Line 6

EL20AC128
4m at 0.83g/t gold from 24m; and

EL20AC140
4m at 1.03g/t gold from 28m.

“These new AC results show a semi-continuous zone of mineralisation is present at East Lynne, spanning an area 100 metres wide and up to 1.3 kilometres long and lying above a significant geological contact,” Kin Mining managing director Andrew Munckton said in the company’s announcement to the Australian Securities Exchange.

“This broad zone of sporadic, shallow oxide gold mineralisation with strongly anomalous multi-element geochemistry is a compelling target for testing with deeper RC and diamond drilling.

“We are eagerly awaiting results from the remaining eight lines of this broad-spaced AC program to get a clearer sense of the potential scale of this target ahead of follow-up RC drilling.

“The mineralisation at East Lynne appears to be hosted by a volcaniclastic unit with Felsic Volcanic, Mafic and sedimentary rocks with variable amounts of quartz veining, alteration and sulphide pitting encountered in the AC drilling.

“This indicates to our geological team that the underlying geological contact at East Lynne is a complex and potentially strongly altered geological feature.

“The multi-element geochemistry in this area is extensive and extends over an area spanning approximately six kilometres by 0.6 kilometres.

“In the meantime, we’re also progressing a program of in-fill AC drilling at East Lynne, building on the encouraging results reported from the northern end of this large gold target last month.

“In addition, EIS co-funded diamond drilling is also continuing to test geophysical targets at depth.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@kinmining.com.au

 

Web: www.kinmining.com.au

 

Blackstone Minerals Encounters More Broad Zones of Nickel Sulphides

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THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has continued to encounter high-grade massive sulphide nickel-copper-PGE at Ban Chang, part of the company’s Ta Khoa nickel-copper-PGE project in Vietnam.

Latest results include:

BC20-06
13 metres at 0.5 per cent nickel, 0.71 per cent copper, 0.05 per cent cobalt and 0.46g/t PGE (Platinum + Palladium + Gold) from 89m and
4.2m at 0.52 per cent nickel, 0.81 per cent copper, 0.06 per cent cobalt and 0.82g/t PGE from 97.8m

BC20-08
9.6m at 0.84 per cent nickel, 0.73 per cent copper, 0.05 per cent cobalt and 0.7g/t PGE from 57.0m

BC20-10
14.65m at 0.74 per cent nickel, 0.71 per cent copper, 0.04 per cent cobalt and 0.54g/t PGE from 45.0m, including 5.85m at 1.62 per cent nickel, 1.47 per cent copper, 0.08 per cent cobalt and 1.09g/t PGE from 51.8m, including 0.87m at 3.32 per cent nickel, 3.89 per cent copper, 0.16 per cent cobalt and 1.65g/t PGE from 56.78m

BC20-12
8.3m at 0.50 per cent nickel, 0.70 per cent copper, 0.05 per cent cobalt and 0.46g/t PGE from 35.5m, including 4.8m at 0.71 per cent nickel, 0.81 per cent copper, 0.06 per cent cobalt and 0.46g/t PGE from 39m

Blackstone is maintaining an aggressive exploration program with six drill rigs, four owned by the company.

Three rigs are testing massive sulphide vein (MSV) targets at Ban Chang, and three are testing down dip extensions of the King Cobra Discovery Zone (KCZ) at Ban Phuc.

“Drilling continues to deliver consistent, broad intersections of nickel sulphide mineralisation from shallow depths with average widths of approximately 10 metres throughout most of the Ban Chang prospect and broader zones within Ban Chang East with greater than 20 metre wide intersections of potentially bulk‐mineable grade nickel‐copper‐PGE mineralisation,” Blackstone Minerals managing director Scott Williamson said in the company’s announcement to the Australian Securities Exchange.

“We aim to drill out Ban Chang over the coming months and upgrade our resource inventory by the end of CY20.

“We are continuing to systematically test 25 MSV targets throughout the Ta Khoa nickel‐coppper‐PGE district to add further high‐grade feed to our bulk open‐pit mining scenario at Ban Phuc and the KCZ.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackstoneminerals.com.au

 

Web: www.blackstoneminerals.com.au

Ardiden Encounters Visible Gold in First Kasagiminnis Hole

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THE DRILL SERGEANT: Ardiden Limited has encountered visible gold logged in mineralised drill core from the first drillhole completed at the company’s 100 per cent-owned Kasagiminnis deposit, part of the company’s Pickle Lake gold project in Ontario, Canada.

Ardiden recently commenced its drilling campaign at Kasagiminnins and KAS20-001 was the first hole of the program, intersecting of a wide mineralised zone from 166.5 metres, including the presence of visible gold.

The drill core is yet to be geotechnically logged, cut, and sent off site for analysis.

“This intersection of a wide mineralised zone early in our program, almost exactly where we predicted it should be, confirms our modelling and drill strategy,” Ardiden exploration manager Dan Grabiec said in the company’s announcement to the Australian Securities Exchange.

“It is the first time that coarse, visible gold has been noted at Kasagiminnis.

“We have a highly experienced drill and support crew here and we are all really excited about this first hit and the potential for mineralisation to improve at depth, as seen elsewhere in other gold mines and deposits in the region.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@ardiden.com.au

 

Web: www.ardiden.com.au

Black Cat Syndicate Encouraged by Bulong and Fingals Drilling

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THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) has had the RC drillbit spinning furiously at the company’s Bulong and Fingals gold projects in Western Australia.

Black Cat Syndicate completed the first 18 holes of drilling at Fingals Fortune, targeting shallow extensions to the Fingals Fortune open pit.

The company described the results as “encouraging with almost every hole intersecting multiple mineralised veins”.

Better intersections included:

20FIRC003
3 metres at 17.81 grams per tonne gold from 69m – extensional; and

20FIRC018
3m at 40.99g/t gold from 79m – extensional.

RC drilling at Myhree extended the depth of previously encountered shallow peripheral mineralisation with two deeper holes were also completed, confirming the continuation of Myhree at depth.

Results include:

20MYRC061
4m at 5.4g/t gold from 333m – extensional; and

20MYRC060
3m at 6.97g/t gold from 421m – extensional.

Deeper RC drilling results at Trump indicate this prospect to be continuous both at depth as well as along strike and remains open in every direction.

Results include:

20TRRC018
6m at 2.05g/t gold from 187m – extensional; and

20TRRC019
1m at 12.2g/t gold from 227m – extensional.

RC drilling at the Queen Margaret target encountered shallow intersections, indicating multiple vein orientations exist on the footwall contact and within the mineralised porphyry.

Intersections include:

20QMRC013
5m at 6.25g/t gold from 46m – infill;

20QMRC015
2m at 6.05g/t gold from 30m – infill;

20QMRC016
5m at 2.42g/t gold from 44m – infill; and

20QMRC017
9m at 2.74g/t gold from 43m – infill.

“Early results from Fingals Fortune are looking good and provide confidence in the potential for rapid growth of the existing Resource and extensions to the Fingals Fortune open pit,” Black Cat Syndicate managing director Gareth Solly said in the company’s announcement to the Australian Securities Exchange.

“In addition, extensions at depth provide encouragement for the longer-term underground potential at Myhree.

“Encouragingly, Queen Margaret is also showing shallow mineralisation with numerous results confirming our reinterpretation of the footwall vein sets.

“In addition to the previously identified footwall mineralisation at Queen Margaret, these new vein sets have the potential to enhance a development scenario.

“Drilling is currently progressing at Imperial and Majestic and will be ongoing throughout 2020 with a steady flow of results followed by Resource upgrades from here on.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackcatsyndicate.com.au

 

Web: www.blackcatsyndicate.com.au

 

Corazon Mining Completes Latest Lynn Lake Drilling

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THE DRILL SERGEANT: Corazon Mining (ASX: CZN) has completed its latest round of drilling at the Fraser Lake Complex (FLC), within the Lynn Lake nickel-copper-cobalt sulphide project in Manitoba, Canada.

Corazon Mining completed a two-hole (FLC2020-22 and FLC2020-23) drill program over priority FLC targets, both of which intersected magmatic sulphide mineralisation, supporting the company’s exploration model.

Hole FLC2020-23 was drilled to a depth of 383 metres at the Western Contact Zone (WCZ), intersecting widespread low-levels of magmatic sulphide mineralisation.

Corazon generated the WCZ target area via recent re-processing of geophysical data that extends the FLC prospect a further one kilometre to the west, linking it to the Motruiuk Ultramafic Complex.

The area hosts multiple geophysical anomalies, including magnetic highs, gravity highs, IP chargeability highs and EM conductors.

Corazon has identified this new area within the Lynn Lake project as a potential host for gabbro-hosted nickel deposits.

Hole FLC2020-22 was drilled to test a magnetic high, but did not intersect the basal contact of the intrusion that had been defined by the company from existing geophysical surveys.

The company also completed an aerial magneto-telluric geophysical survey (MobileMT), which is a new aerial geophysical method over much of the Lynn Lake project – taking in the FLC and WCZ extensions.

Preliminary results from this geophysical survey support the potential for the direct detection of massive sulphide mineralisation.

Corazon will use the final data from this survey, which is expected later this month, to define targets for next phase of drilling.

“The recent drill hole at the FLC has opened up a whole new region of opportunity and genetically linked the FLC to prospective ultramafic intrusions further to the west,” Corazon Mining chairman Terry Streeter said in the company’s announcement to the Australian Securities Exchange.

“The geophysics and drilling completed to date have identified where we need to explore, but it’s a big area and we’ve lacked the ability to geophysically directly detect nickel massive sulphide.

“We’re hoping this new method, MobileMT, enables us to do this across the whole project area.”

 

Email: info@corazon.com.au

 

Web: www.corazon.com.au