Cygnus Gold Encounters High-Grade Gold at Kepler

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THE DRILL SERGEANT: Cygnus Gold (ASX:CY5) announced a high-grade gold intersection at the company’s Stanley project in the Wheatbelt of Western Australia.

Cygnus Gold conducted drilling at the Kepler Zone on the Stanley project that encountered a high-grade gold intersection 220 metres along strike from previous high-grade results.

Cygnus explained it had identified the Kepler Zone after reviewing drilling surrounding the high-grade Bottleneck prospect.

Drilling of hole STRC0020 extended mineralisation 220m northwest of previous drillhole STRC0002 that intersected high-grade mineralisation of: 6m at 1.95g/t gold from 81m, including 2m at 5.49g/t gold from 81m.

Mineralisation at Kepler is controlled by a geochemically distinctive metadacitic rock unit only lightly tested by deeper drilling.

In addition to the Kepler Zone, Cygnus also tested the widespread, low-grade mineralisation at McDougall South with six RC holes that intersected more low-grade gold.

“We’re excited that the conceptual target at Kepler has now extended mineralisation 220 metres along strike from STRC0002,” Cygnus Gold managing director James Merrillees said in the company’s announcement to the Australian Securities Exchange.

“The intersection in STRC0020 confirmed our interpretation that this mineralised system has potential to deliver high gold grades.

“With this zone only lightly drill tested, we believe there is plenty of scope to deliver a meaningful discovery at Kepler.”

 

Email: info@cygnusgold.com

Website: www.cygnusgold.com

 

Calidus Resources Enhances Warrawoona Exploration Potential

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THE DRILL SERGEANT: Calidus Resources (ASX: CAI) announced results from a recent Induced Polarisation (IP) survey carried out at the company’s Warrawoona gold project in the Pilbara of Western Australia.

Calidus Resources said the results highlighted the potential for further growth in the 1.25-million-ounce Resource at Warrawoona, which will further underpin the project’s production profile, mine life and economics.

The IP reconnaissance program highlighted a parallel shear 400 metres south of Klondyke buried at a depth of approximately 60 to 80 metres with similar chargeability signatures to the 1.15 million-ounce Klondyke deposit.

The results of the recent IP program indicated two styles of IP anomalies have now been identified; a Klondyke style and a St George style.

A clear Klondyke style anomaly has been identified over the Highway Shear area, which has never been drill tested.

Given the similarity to the Klondyke anomaly, Calidus considers the Highway Shear anomaly a high-priority target.

There has been no exploration to date along this trend and Calidus geologists are currently field mapping this structure in detail.

Calidus said this reinforced its view that the deposit represents a much larger system than current drilling suggests.

“The IP traverses show a clear correlation between gold mineralisation and IP anomalism and we are excited to further examine the strong Klondyke‐style chargeability anomaly identified over the Highway Shear which has never been drilled,” Calidus Resources managing director Dave Reeves said in the company’s announcement to the Australian Securities Exchange.

“As the Highway Shear is located immediately adjacent to the planned two-kilometre‐long open pit and underground being contemplated in the PFS, we will undertake drilling here in Q3 as a priority.”

 

Email: info@calidus.com.au

Website: www.calidus.com.au

 

Tanga Resources Achieves High-Grade Namibian Copper Results

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THE DRILL SERGEANT: Tanga Resources (ASX: TRL) identified a new copper zone at the company’s Hagenhof copper project in Namibia.

Tanga Resources’ ongoing exploration has identified the new copper zone located just five kilometres south of the Main Gossan.

Surface sample results from outcropping quartz-gossan breccia at the new target, named P5, have returned up to 5.7 per cent copper and anomalous cobalt.

Tanga claimed this as the latest in a series of encouraging exploration results from Hagenhof, where several copper targets have recently been identified over eight kilometres of ‘Katangan-style’ stratabound copper horizon.

“This new copper target at P5 further highlights the potential for a new copper discovery to be made at Hagenhof,” Tanga Resources CEO Matthew Bowles said in the compahny’s announcement to the Australian Securities Exchange.

“We believe Namibia’s Damara Belt remains underexplored, which is why we have focused our efforts on securing a large land holding on the belt.

“We are excited to be starting the drilling program at Hagenhof in the coming weeks.

“This drilling will test the historical copper results reported at Main Gossan and several new targets we have identified at Jette’s Hill, Copper Cap, Liv’s Hill and now P5.”

Having recently received the Environmental Clearance Certificate (ECC) from the Ministry of Environment and Tourism, the Hagenhof copper project is now fully permitted.

Tanga expects drilling at Hagenhof to start soon, commencing at the Main Gossan and then following up on the targets at Liv’s Hill, Jette’s Hill, Copper Cap and P5.

A ground magnetic survey recently completed over specific areas of Hagenhof highlighted a prominent positive magnetic anomaly at Main Gossan and a larger, prominent circular magnetic anomaly, coinciding with a large interpreted structural dome feature at Liv’s Hill.

This data will assist in refining targets for the upcoming drilling.

 

Email: info@tangaresources.com.au

Website: www.tangaresources.com.au

 

Gold Road Resources Keeps Exploration Drills Spinning

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THE DRILL SERGEANT: Gold Road Resources (ASX: GOR) reported on diamond and reverse circulation drilling underway across the company’s exploration tenements in Western Australia.

In the Southern Project Area of the company’s 100 per cent-owned Yamarna project a total of eight diamond and 13 RC drill holes were undertaken to support the estimation of a potential Maiden Mineral Resource at Gilmour.

Gold Road reported the program extended its knowledge of mineralisation both along strike and at depth and defined the detail of the geology adjacent to the Waters Fault.

The mineralisation was predictably intersected confirming initial geological interpretations.

Visible gold has been observed in association with a laminated quartz vein in six of the new eight diamond drill hole.

Best intersections returned included:

19WDDD0046
2.06 metres at 12.4 grams per tonne gold from 357.2m;

19WDRC0239
4m at 4.96g/t gold from 199m;

19WDRC00240
7m at 2.2g/t gold from 146m; and

19WDDD0038A
2.78m at 5.25g/t gold from 401.43m.

At the company’s 50 per cent-owned Gruyere Mine Joint Venture a drilling program was commenced to extend the Indicated Resource below the current Ore Reserve pit design, and delineate the limits of mineralisation at the southern end of the Gruyere Porphyry.

Extending the limits of the Indicated Resource will allow for strategic evaluation and mine optimisation applying improvements to modifying factors such as improved pit‐slope angles, operational cost reductions, and gold price.

Commencing these studies now will position the JV to potentially bring forward additional value in the mine plan.

This information will be used in Ore Reserve updates planned for later this year.

Confirmation of the southern limits of economic mineralisation will enable finalisation of infrastructure locations, such as the ROM Pad or waste dumps.

“Our first drilling for 2019 has given us a greater understanding on the geological controls to economic gold mineralisation on the Gilmour and Morello prospects which we are now applying to make further discoveries along the same trend,” Gold Road Resources executive director ‐ exploration & growth Justin Osborne said in the company’s announcement to the Australian Securities Exchange.

“At Morello we identified several potential shoots to be assessed with further drilling.

“We are embarking on a new drilling program at Gruyere to allow us to further optimise and increase the near-term value to be delivered from the mine as we edge closer to our initial gold pour and subsequent commercial production.”

 

Email: perth@goldroad.com.au

Website: www.goldroad.com.au

 

Ausgold Identifies New Katanning Gold Targets

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THE DRILL SERGEANT: Ausgold Limited (ASX: AUC) scored encouraging results from a reverse circulation (RC) drill program carried out at the company’s 100 per cent-owned Katanning gold project (KGP) in the South West Yilgarn Craton of Western Australia.

Ausgold completed a total of 23 RC holes designed to test mineralisation along strike and also to test potential beyond the current Resource areas, with the aim of adding to the current JORC Resource of 25.1 million tonnes at 1.29 grams per tonne gold for 1.04 million ounces of gold.

The drilling targeted extensions to high-grade mineralisation at Jackson and tested several new areas including the Jinkas North and Lukin prospects.

Drilling at Jackson included 10 RC holes in the southern portion of the Jackson Resource area, with the aim of providing better controls on mineralisation.

Jackson is the western most portion of the current Mineral Resource, with gold mineralisation dipping towards the east and underlying the White Dam and Jinkas lodes.

The latest drilling intersected high-grade mineralisation at shallow depths, returning results of:

BSRC0886
3 metres at 6.55 grams per tonne gold from 13m, including 2m at 9.63g/t gold from 13m;

BSRC0886
4m at 2.09g/t gold from 102m;

BSRC0887
2m at 2.22g/t gold from 65m, including 1m at 3.89g/t gold from 66; and

BSRC0885
1m at 4.36g/t gold from 47m.

Galileo interpreted these results to suggest potential for more extensive high-grade mineralisation recognised within the southern Jackson Resource area.

Further work is currently underway to delineate these high-grade shoots which have already been delineated over a strike length of at least 200m and remain open along strike.

The company completed three reconnaissance RC holes into the Jinkas North area, which extends for 850m between the Jinkas and Olympia Resources areas.

The Jinkas North area has not had any prior drilling and is not included in the current Resource, despite its proximity to two large Resource areas.

The RC drilling intersected the prospective mafic granulite and gold mineralisation, including:

BSRC0894
1m at 2.77g/t gold from 83m.

“The recent RC program has targeted near Resource targets including the Jackson Trend as well as reconnaissance targets at Jinkas North and Lukin,” Ausgold managing director Matthew Greentree said in the company’s announcement to the Australian Securities Exchange.

“The reconnaissance RC drilling has produced encouraging gold grades and intersected mineralisation near to surface suggesting the southern portion of the KGP has the potential to host significant gold mineralisation.

“It remains one of our primary goals to build the KGP mineral inventory, both through near-Resource additions and significant standalone discoveries, which is what we are looking for at Lukin and elsewhere within our extensive regional landholding at Katanning.

“The recent round of reconnaissance RC drilling within the KGP has shown extensive mineralisation strike length.

“This untested potential along the Jinkas trend and at the Jackson and Lukin prospects could deliver material additions to the KGP’s global Resource.

“Further work is being undertaken to better delineate high-grade mineralisation within the Jackson prospect intercepted previously which will have a significant impact on the overall grade of this deposit.

“A program of downhole EM and additional geological modelling is being undertaken to plan future drill programs.”

 

Email: info@ausgoldlimited.com

Website: www.ausgoldlimited.com

 

Galileo Mining Samples High-Grade Copper

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THE DRILL SERGEANT: Galileo Mining (ASX: GAL) released surface sampling results from the recently identified Subzero copper prospect at the company’s 100 per cent owned Norseman project in Western Australia.

Galileo Mining retrieved high-grade copper oxide samples with up to 19.9 per cent copper, and multiple iron rich gossan samples up to 1.1 per cent copper from a zone of outcrop centred around historic workings.

The company explained the surface samples were taken from a volcano-sedimentary rock unit that can be traced for over two kilometres and occurs to the west where it is covered by shallow alluvial sediments.

The best samples were taken at the Subzero prospect adjacent to a historic shaft and prospecting pits.

Galileo believes further prospectivity exists to the north and south in the same rock unit over a two-kilometre strike length, and to the west where the same prospective host rock occurs under shallow cover material.

“This is a fantastic result from initial work carried out by the company based on our inhouse prospectivity analysis of mineral potential at Galileo’s Norseman project,” Galileo Mining managing director Brad Underwood said in the company’s announcement to the Australian Securities Exchange.

“Our recently completed ultra-detailed magnetic survey has allowed us to undertake a geological interpretation of the area not possible by previous explorers.

“In doing so we have uncovered historic copper prospects that were last looked at in the 1970s

“We will now focus on building up the prospects to drill ready status through the use of modern electromagnetic (EM) surveying methods aimed at identifying significant sub-surface copper mineralisation.”

 

Email: info@galmining.com.au

Website: www.galmining.com.au

 

Musgrave Minerals Extends A-Zone Gold Mineralistation

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THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) completed a regional aircore scout drilling program to extend the Lake Austin North A-Zone gold target within the company’s Cue project in the Murchison Region of Western Australia.

Musgrave has now extended the A-Zone to a strike of over three kilometres where it is still open to the north and north-west.

The company described the extensive gold regolith ‘halo’ to be following the tonalite-mafic contact along a major shear zone (Lena-Break of Day shear corridor) and continues north beyond the limit of current drilling.

To date, drilling has been limited to approximately 500 metres of this basement target (A-Zone) leaving a large, prospective 2.5km zone that has yet to be tested with basement drilling.

The aim of the aircore program was to obtain geological and geochemical information to integrate with geophysical data to provide vectors to focus basement drilling.

Musgrave claimed the latest results to include the thickest regolith gold intercept it has encountered at Lake Austin, of:

19MOAC173
50 metres at 1.1 grams per tonne gold from 114m down hole.

Other results include:

19MOAC172
28m at 1.17g/t gold from 114m down hole;

19MOAC109
7m at 1.06g/t gold from 129m down hole;

19MOAC094
5m at 1.89g/t gold from 70m down hole;

19MOAC088
15m at 0.52g/t gold from 72m down hole;

19MOAC087
9m at 0.54g/t gold from 105m down hole to EOH;

19MOAC067
7m at 0.47g/t gold from 124m down hole;

19MOAC169
24m at 0.21g/t gold from 114m to EOH;

19MOAC174
41m at 0.13g/t gold from 116m down hole to EOH; and

19MOAC065
11m at 0.31g/t gold from 106m.

“These aircore results continue to show the large size of the gold system at Lake Austin North and support the company’s view on the prospectivity of this new undercover gold system,” Musgrave Minerals managing director Rob Waugh said in the company’s announcement to the Australian Securities Exchange.

“The A-Zone gold anomaly now extends for over three kilometres in strike with additional new targets totalling approximately eight kilometres of combined basement strike in the Lake Austin North area.

Only approximately 500 metres of this strike has seen any basement drilling which equates to approximately six per cent of the target area.

“The upside is huge.

“These results reinforce the significant potential to grow the gold resource base on the Cue project.”

 

Email: info@musgraveminerals.com.au

Website: www.musgraveminerals.com.au

 

Carawine Resources Extends Hill 800 Mineralisation

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THE DRILL SERGEANT: Carawine Resources (ASX: CWX) announced a further assay interval from diamond drilling at Hill 800, an advanced gold prospect within the company’s 100 per cent-owned Jamieson project, located in northeast Victoria.

Carawine released the assay result, which was achieved by the last hole drilled in its current program, targeting up-dip extents of the previously drilled 650 Zone and Stringer Zone mineralisation.

Hole H8DD019 returned an interval of:

101 metres at 1.44 grams per tonne gold from 21m (0.3g/t Au cut-off), including 12m at 4.32g/t gold from 83m (1g/t Au cut-off).

The company indicated the results from diamond drill hole H8DD019 have enabled it to develop a new interpretation of the Hill 800 mineralisation, linking the 740 Zone with the 650 Zone and combining with the Stringer Zone into a single mineralised zone (the Main Zone).

This newly defined Main Zone has a northeast strike, and a dip that rotates from steep in the south to moderate in the north.

Of note, the Main Zone is increasing in strike, width and grade with depth where it remains open.

The company described the results from this latest hole as the “missing link” in modelling the Hill 800 mineralisation, with potential now to extend the deposit at depth.

“This latest drill hole establishes a single continuous, wide and high-grade mineralised zone which extends from surface to at least 150 metres below surface, with evidence that mineralisation continues a further 200 metres downdip and remains open,” Carawine Resources managing director David Boyd said in the company’s announcement to the Australian Securities Exchange.

“This provides an excellent opportunity for future drilling to add to the already significant mineralised body at Hill 800.

“The next drilling program at Hill 800 targeting the down-plunge extents of the newly defined Main Zone is expected to commence later this year, following our current exploration program at the Paterson project in Western Australia.

“Our exploration team has recently been in the field at Jamieson, following up surface gold anomalism in the areas immediately around Hill 800 to generate additional near-surface targets.

“Targets generated from this work will be ranked for future drill testing with existing prospects at Rhyolite Creek, Hill 700 and Mt Sunday Road.

“We can also provide an update for our Paterson project where we recently announced a major geophysical program at our Baton and Red Dog tenements.

“The aeromagnetic survey at Baton is in progress and is approximately 60 per cent complete.

“Commencement of the helicopter borne VTEM Max electromagnetic survey at Red Dog has been brought forward to start early in June.

“Results from these programs are expected to be available from June onwards.”

 

Email: info@carawine.com.au

Website: www.carawine.com.au

 

Aurelia Metals Extends Chronos Mineralisation

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THE DRILL SERGEANT: Aurelia Metals (ASX: AMI) released results from drilling undertaken at the company’s Peak Mine in New South Wales.

Aurelia Metals carried out the 24-hole underground exploration drilling above the Chronos lode at the Peak Mine that was aimed at extending high-grade mineralisation up-dip.

Assay results for the initial sixteen holes have been received, returning strongly mineralised intercepts, including:

UD19PV1712
24 metres at 29.6 per cent lead and zinc (Pb+Zn), 0.4 grams per tonne gold and 44g/t silver;

UD19PV1714
4m at 0.6 per cent Pb+Zn, 5.5g/t gold and 4g/t silver, and 19m at 34.1 per cent Pb+Zn, 0.9g/t gold and 48g/t silver;

UD19PV1715
23m at 27.3 per cent Pb+Zn, 0.2g/t gold and 46g/t silver, including 9m at 40.7 per cent Pb+Zn, 0.4g/t gold and 50g/t silver;

UD19PV1705
25m at 21.6 per cent Pb+Zn, 0.7g/t gold and 35g/t silver, including 8m at 39.3 per cent Pb+Zn, 1.8g/t gold and 51g/t silver;

UD19PV1737
15m at 35.1 per cent Pb+Zn, 2.3g/t gold and 82g/t silver;

UD19PV1704
15m at 28.2 per cent Pb+Zn, 4.5g/t gold and 76g/t silver, including 5m at 46.8 per cent Pb+Zn, 12.4g/t gold and 143g/t silver;

UD19PV1708
16m at 33 per cent Pb+Zn, 1.9g/t gold and 67g/t silver; and

UD19PV1714
12m at 4.8 per cent Pb+Zn, 7.9g/t gold and 8g/t silver, and 14m at 31.2 per cent Pb+Zn, 0.7g/t gold and 40g/t silver.

“We are delighted to see the continuation of strong, consistent mineralisation above Chronos, transitioning from high-grade gold to high-grade base metals,” Aurelia Metals chairman and acting CEO Cobb Johnstone said in the company’s announcement to the Australian Securities Exchange.

“It is particularly pleasing to have extended the mineralised zone approximately 100 metres above the previous limit of known resources, with this high-grade zone remaining open up dip.”

Aurelia said the latest results extended the known high-grade mineralisation at Chronos to more than 100m above the current limits of delineated resources and more than 140m above the top of the current stoping level.

The base metal mineralisation encountered in this program remains open up-dip.

Aurelia has further underground drilling planned in the upper Chronos area, with the timing of this drilling linked to the advance of the mine development to higher levels.

 

Email: office@aureliametals.com.au

Website: www.aureliametals.com.au

 

Dark Horse Resources Progresses Argentine Gold Projects

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THE DRILL SERGEANT: Dark Horse Resources (ASX: DHR) ecently copleted work on the company’s two major gold projects in Argentina: Las Opeñas in San Juan and Cachi in Santa Cruz.

Dark Horse Resources completed a first phase drilling program at Las Opeñas, resulting in the confirmation of some high-grade mineralised zones to moderate depths from surface and providing justification for the company to proceed to a second phase of drilling.

Other work involved mapping and geophysical programs carried out over some of the mineralised Cachi targets and have provided drill targets for planned drilling later in 2019 following the winter season.

Dark Horse undertook a 17-hole program at Las Opeñas testing known, but previously undrilled, high-grade gold, silver and base metal rich quartz veins discovered during surface mapping and sampling by previous owners.

The previous companies did not test these veins but focused drilling on an adjacent bulk tonnage, low-grade phreatomagmatic breccia target.

Most of the best intersections achieved in the recent drilling were made below the weathered, supergene zone, in primary mineralisation showing that grade persists at depth.

At the Chaci property in Santa Cruz Dark Horse completed mapping, ground magnetic, Induced Polarisation (IP) and rock‐chip sampling programs.

Although it is yet to receive all assay results, the company indicated it had sufficient results from the current program and prior programs to enable it to identify nine mineralised targets within the Cachi property, the five mains ones being Vetas Cachi, Morena, Vetas NW, Patricia and Puma.

Some of these targets have been prioritised for further work to assist with designing a drilling program, planned to commence following winter in the last quarter of 2019.

 

Website: www.darkhorseresources.com.au