Noronex (ASX: NRX) chief geo Bruce Hooper at Resources Roadhouse Kalgoorlie Steak Sandwich Showdown.
Noronex (ASX: NRX) chief geo Bruce Hooper presents to the crowd at The Resources Roadhouse Steak Sandwich Showdown in Kalgoorlie.
Lincoln Minerals (ASX: LML) CEO Jonathon Trewartha at Resources Roadhouse Steak Sandwich Showdown.
Lincoln Minerals (ASX: LML) CEO Jonathon Trewartha presenting at The Resources Roadhouse 2024 Steak Sandwich Showdown in Kalgoorlie.
Justin Virgin of Terrain Minerals (ASX: TMX) at Resources Roadhouse Steak Sandwich Showdown.
Terrain Minerals (ASX: TMX) exec director Justin Virgin presenting at The Resources Roadhouse Steak Sandwich Showdown in Kalgoorlie.
Miramar Resources Gets EIS Co-Funded Drilling Underway at Bangemall
THE DRILL SERGEANT: Miramar Resources (ASX: M2R) has kicked off its first drilling campaign within the company’s 100 per cent-owned Bangemall project in the Gascoyne region of Western Australia.
Miramar Resources explained the initial RC drilling campaign is co-funded through the WA government’s Exploration Incentive Scheme (EIS) and will test several airborne +/- ground EM anomalies identified at Mount Vernon and Trouble Bore via the company’s earlier exploration efforts.
Miramar declared itself as being the first explorer to specifically target Norilsk-style mafic intrusion-hosted nickel, copper, cobalt and platinum group element (PGE) mineralisation within WA’s Capricorn Orogen.
“Mafic intrusion-hosted magmatic nickel-copper-cobalt-PGE deposits are some of the largest and most valuable metal deposits in the world, remaining profitable at low nickel prices and therefore worth exploring for, even in the current depressed nickel market,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.
“The Edmund and Collier Basins are recognised by the GSWA, Geoscience Australia and the CSIRO as displaying all the key ingredients for Norilsk-style mineralisation: major deep crustal-scale structures, Warakurna-age dolerite sills and extensive sulphide and/or sulphate-rich sedimentary units.
“In addition to providing financial assistance, the EIS funding is further endorsement of the merits of Miramar’s geological model and targeting to date.
“We’ve spent the last three years gathering data and developing these targets, so we’re excited to be commencing our maiden drill campaign and testing our concepts.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Novo Resources Signs Aboriginal Heritage Protection Agreement to Expand East Pilbara Exploration
THE BOURSE WHISPERER: Novo Resources (ASX: NVO) has signed a Determination Wide Aboriginal Heritage Protection Agreement with the Nyamal Aboriginal Corporation covering 1,500 square kilometres of tenure in the East Pilbara of Western Australia.
Novo Resources declared the agreement paves the way for it to commence further exploration activities at the company’s priority Bamboo and Miralga projects.
The company explained the execution of the agreement streamlines interactions between Novo and the Nyamal People while confirming Novo’s commitment to open, honest and transparent dealings with the Traditional Owners of the Pilbara Region.
The agreement with NAC allows Novo to conduct non ground disturbing surface works including mapping and surface geochemistry, specifically targeting the Bamboo and Miralga projects.
Novo has already completed a heritage site avoidance survey to facilitate drill testing of the Bamboo gold trend, including orogenic and IRG targets.
The company has now commenced surface mapping and sampling at the Miralga project, following up on porphyry style and intrusion related targets generated from historical data and reconnaissance work in 2021.
“We are pleased to have reached an agreement with the Nyamal Aboriginal Corporation and thank them for their ongoing support of Novo and our exploration endeavours on their land,” Novo Resources executive co-chairman and acting CEO Mike Spreadborough said in the company’s ASX announcement.
“The terms of this agreement attest to the strong relationship Novo has with the Nyamal People.
“Novo looks forward to advancing its exploration in the region, as we continue key activities across the priority Bamboo and Miralga projects.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Artemis Resources Claims High-Grade Gold Vein Discovery at Titan Prospect
THE DRILL SERGEANT: Artemis Resources (ASX: ARV) clamed discovery of high-grade gold in veins at the Titan prospect within the company’s Karratha gold project, in the Pilbara region of Western Australia.
Artemis Resources recently carried out ground reconnaissance to follow up previously reported work that has delivered further gold occurrences in areas that were previously only lightly explored.
The company mapped the prospective surface veins hoping to identify additional fertile structures that may contain gold and copper mineralisation.
This work identified several large-scale vein trends as well as a vein zone with coarse visible gold at the Titan prospect.
“We remain excited by the gold prospectivity that our tenements continue to deliver,” Artemis Resources executive director George Ventouras said in the company’s ASX announcement.
“The re-focus of exploration efforts and strategy on a tenement wide scale is continuing to deliver evidence of multiple new zones for gold mineralisation, which we believe could contain the potential for large scale deposits.
“The next steps will allow us to refine these zones, delineate bona-fide prospects and work towards more targeted exploration efforts.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Future Battery Minerals Identifies New Pegmatite Targets at Miriam
THE DRILL SERGEANT: Future Battery Minerals (ASX: FBM) has identified 13 new pegmatite targets across a six kilometre tenement strike of the company’s Miriam lithium project located immediately north of its Kangaroo Hills lithium project (KHLP).
Future Battery Minerals made he identifications via a review and reinterpretation of geophysical data from the Miriam project.
The company has determined the structures to be analogous to the Big Red pegmatite at KHLP, approximately 2 kilometres south, and are associated with coincident resistivity and gravity low anomalies.
Five of these structures have aligned with a 1.6 kilometre north-south strike soil anomaly and outcropping spodumene-bearing pegmatite, which the company suggests demonstrates potential for an extensive shallow pegmatite system at the southern end of Miriam.
Future Battery Minerals made a strategic acquisition of an 85 per cent interest in the Miriam project in May 2024, expanding its regional position to the north of the KHLP.
“Armed with existing geological knowledge of our adjacent Kangaroo Hills Project, we were able to kick off analysis and target-generation activities at the Miriam Project prior to acquisition completion,” Future Battery Minerals managing director and CEO Nick Rathjen said in the company’s ASX announcement.
“Southern Geoscience’s review is now complete and has delivered promising results, with 13 new pegmatite targets identified across the tenement area.
“Particularly noteworthy are the five discrete structures coinciding with a significant soil anomaly and an outcropping spodumene-bearing pegmatite, which bear striking similarities to the Big Red pegmatite at KHLP.
“These targets have us excited for the considerable lithium potential of the Miriam Project, and we are eager to commence follow-up surface sampling to further refine our targets.
“We are currently conducting a wide-spaced extensional soil sampling program to test for potential blind, subsurface pegmatites, including in the northern area of the tenure.
“Once this is complete and following successfully acceptance of our EIS application for co-funding for the initial drilling program at Miriam, we plan to commence drilling in the first half of CY2024.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Killi Resources to Commence Drilling at Kaa
THE DRILL SERGEANT: Killi Resources (ASX: KLI) has its drilling ducks arranged in preparation of a maiden drill campaign to be undertaken at the Kaa copper-gold target at the company’s 100 per cent-owned Mt Rawdon West project.
Killi Resources is drilling at Kaa to follow up previous assays from in-situ surface rock chip samples that returned high-grade gold and copper results, which the company interpreted to indicate the Kaa target to be a new unrecognised epithermal mineral system.
Results from ground geophysical survey demonstrated potential sulphides beneath the surface mineralisation providing drill targets for upcoming drill campaign.
The company has determined a 1.8km copper-gold trend from rock chips at the Kaa prospect.
Results of the rock chip program returned consistent anomalous gold, copper and silver results from outcrop, returning on average 5-6g/t gold, 1-2 per cent copper, and 100g/t silver.
A gossanous outcrop striking east-southeast and dipping shallowly to the south-west was sampled and returned a result the company released in July of:
MRRK074
238g/t gold, 2.1 per cent copper, 513g/t silver, 2.2 per cent lead, 0.3 per cent zinc.
This outcrop was subsequently interpreted as the main Kaa gold-copper trend exposed at surface.
“We are excited to have reached this point with the drill rig mobilising to the project,” Killi Resources CEO Kathryn Cutler said in the company’s ASX announcement.
“This campaign will be the first holes ever at the target, and we look forward to reporting on the drilling starting next week.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Argent Minerals in Preparation for RC Drilling at Kempfield
THE DRILL SERGEANT: Argent Minerals (ASX: ARD) is preparing a program of RC drilling to be carried out over the company’s 100 per cent-owned Kempfield copper-lead-zinc-gold-silver project in New South Wales.
Argent Minerals upgraded the Kempfield silver deposit Mineral Resource Estimate in July this year for all categories to 63.7 million tonnes at 69.75 grams per tonne silver equivalent for 142.8 million ounces silver equivalent, containing of 65.8 million ounces of silver, 125,192 ounces gold, 207,402 tonnes lead and 420,373 tonnes zinc.
The drilling program has been tasked with the following objectives:
• Confirm newly discovered Kempfield NW and Sugarloaf Hill prospects as potential VMS polymetallic style mineralisation proximal to the Kempfield deposit.
• Confirm Golden Wattle and Henry Zone prospects as potential orogenic gold style mineralisation.
• Delineate new mineralised extensions/zones outside the current resource area within the Kempfield project.
• Drill test numerous high-grade geochemical gold-silver-base metals zones over Kempfield NW, Sugarloaf Hill Zone, Henry’s and Golden Wattle zones delineated in the 2024 surface sampling programs.
• Delineation of mineralisation may result in an overall increase in tonnage and grade of the current Kempfield deposit.
“Argent is pleased to announce that we have received NSW Regulator & Crown Lands approval for an RC drilling campaign over Argent’s flagship project, Kempfield deposit in NSW,” Argent Minerals managing director Pedro Kastellorizos said in the company’s ASX announcement.
“Recent work in the project area has delineated significant walk up drill targets yet to be systematically drill tested.
“Based on structural, geological and the more recently completed geochemical programs, Argent has identified 13 untested zones which have excellent potential to host gold, silver and base metal mineralisation.
“We have advanced the company’s strategy by identifying priority target areas which have the potential for delineating undiscovered mineralisation.
“The Kempfield project remains on track for further resource expansion based on numerous drillholes which finished in mineralisation along with broad high-grade down plunging silver mineralisation previously outlined.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Golden Mile Resources makes Arizona Copper Project Joint Venture-Acquisition
THE BOURSE WHISPERER: Golden Mile Resources (ASX: G88) announced a Joint Venture-acquisition agreement over the Pearl copper project located in Arizona, US of A.
Golden Mile Resources stuck the agreement with Outcrop Silver & Gold Corporation after completing a tour of due diligence, which it said confirmed very high prospectivity of the project area for company-making copper resources.
From its initial field reconnaissance, the company delineated multiple targets within the project area that highlighted near-term drill, and company making potential, of the Odyssey and Ford prospects.
The Odyssey prospect is a sub outcropping multiple vein copper target where surface mineralised widths up to five metres and a strike length of around 800 metres has been mapped.
This prospect historic artisanal workings at the Pearl project where historical records indicate around 60,000 of ore containing copper oxide and sulphide, lead, silver, and gold was produced from 1915 to 1941.
The Ford prospect is a circa 1940s copper-zinc development.
Historic data indicates grades up to 10.6 per cent copper, 31.3 per cent lead and 0.54 ounces (16.7g/t) gold.
There is no historic record or field evidence that either prospect has ever been drilled.
“The completion of due diligence has reinforced our belief in the Pearl copper project as a potential game-changer for the company,” Golden Mile Resources managing director Damon Dormer said in the company’s ASX announcement.
“Our initial field reconnaissance has already identified two advanced targets, which, if they were in Australia, would have been heavily drilled by now.
“The fact that both the Odyssey and Ford prospects remain undrilled, despite showing all the surface characteristics of major mineralised systems, presents Golden Mile with a fast-tracked opportunity to make a significant copper discovery.
“Located within the world-class Laramide Porphyry Copper Belt, which hosts numerous significant deposits and mines, the Pearl project’s exploration potential is substantial.
“With due diligence complete and the formal agreement in place, we are eager to commence work on this promising exploration venture.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE