Breaker Resources Drills Potential Depth Growth at Bombora

THE DRILL SERGEANT: Breaker Resources (ASX: BRB) claimed discovery of several new high-grade lodes from deeper drilling undertaken below the one-million-ounce open pit Resource at the Bombora deposit within the company’s Lake Roe project near Kalgoorlie in Western Australia.

Breaker Resources declared results received from four reconnaissance diamond drill holes completed below the northern part of Bombora on a 300m spacing highlighted potential to expand the existing Resource at depth.

With the objective to scope out the potential for future underground mining below the open pit Resource ahead of targeted resource definition drilling, all four drill holes encountered gold mineralisation with visible gold present in several intersections.

This included the deepest Breaker has reported to date at Bombora in two new steep lodes situated approximately 600 metres below surface.

Highlighted results include:

BBDD0096W2
4.6 metres at 12.5 grams per tonne gold, including 1.3m at 42.7g/t gold within a broader zone of 19.6m at 3.13g/t gold (a new steep lode with visible gold);

2.47m at 12.1g/t gold, including 1.37m at 20g/t gold within a broader zone of 5.7m at 5.56g/t gold (a new steep lode with visible gold); and

2.65m at 10.6g/t gold, including 0.4m at 67.3g/t gold (new flat lode).

BBDD0093W3
6.85m at 4.8g/t gold, including 1.4m at 10.9g/t gold (new flat lode).

The company said the results have extended the strike length of the high-grade gold lodes below the open pit Resource by 600m to the north.

Together with results reported from previous reconnaissance drilling at depth, increasing the overall strike length of known high-grade gold lodes below the open pit Resource to two kilometres.

“The new drilling has confirmed a two-kilometre strike length of high-grade gold mineralisation situated directly below an extensively de-risked open pit Resource, 80 per cent of which is in the Indicated category,” Breaker Resources executive chairman Tom Sanders said in the company’s announcement to the Australian Securities Exchange.

“The results highlight strong potential for a significant increase in the Resource at grades typically amenable to underground mining.

“It’s also important to note that the high-grade lodes we are seeing at depth at Bombora are similar to the high-grade lodes present in the open pit Resource.

“In fact, in some cases, they are extensions of the same lodes but without a low grade halo that is typically applied in an open pit setting.

“We are now projecting the high-grade lodes over large distances at depth, and we either are hitting them with our reconnaissance drill holes, or discovering new lodes in the process, or both.

“Based on the recent drilling, some of the individual flat lode systems are in excess of one-kilometre-long, which matches the dimension of some of the west-dipping lodes in the shallow portions of the deposit.

“We believe that the continuity we see in the shallow portions of the deposit is likely to translate into a viable future underground mining scenario.”

 

Email: breaker@breakerresources.com.au

 

Web: www.breakerresources.com.au

 

Centaurus Metals Hits Thick Nickel Sulphide at Jaguar Central and North

THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) recently completed diamond drilling at the Jaguar Central and Jaguar North deposits, part of the company’s 100 per cent-owned Jaguar nickel sulphide project in the Carajás Mineral Province of Brazil.

Centaurus Metals reported the drilling had returned “outstanding” broad high-grade nickel sulphide intercepts from shallow depths.

Results from first two drill holes at Jaguar Central returned consistent thick and shallow high-grade nickel sulphide intersections, including:

JAG-DD-20-042
40.5m at 1.35 per cent nickel, 0.09 per cent copper and 0.03 per cent cobalt from 20m, including 12m at 1.95 per cent nickel, 0.15 per cent copper and 0.04 per cent cobalt from 38.5m

JAG-DD-20-047
2m at 4.57 per cent nickel, 0.11 per cent copper and 0.1 per cent cobalt from 41m and 67.3m at 1.2 per cent nickel, 0.08 per cent copper and 0.03 per cent cobalt from 67m, including 19m at 1.7 per cent nickel, 0.13 per cent copper and 0.04 per cent cobalt from 79.8m

The first three drill holes at Jaguar North also returned consistent thick and shallow high-grade nickel sulphide intersections, including:

JAG-DD-20-046
26.8m at 1.21 per cent nickel, 0.13 per cent copper and 0.04 per cent cobalt from 84.3m, including 10.8m at 2.1 per cent nickel, 0.15 per cent copper and 0.06 per cent cobalt from 84.3m

JAG-DD-20-048
12m at 1.81 per cent nickel, 0.44 per cent copper and 0.08 per cent cobalt from 79m, including 4.5m at 3.66 per cent nickel, 0.63 per cent copper and 0.17 per cent cobalt from 86.5m

JAG-DD-20-050
28.5m at 1.44 per cent nickel, 0.13 per cent copper and 0.05 per cent cobalt from 29.1m, including 3.6m at 3.55 per cent nickel, 0.49 per cent copper and 0.16 per cent cobalt from 50.7m

“It’s quite rare to see such consistent grades and widths across so many shallow deposits which would be amenable to extraction via open pit mining, before possibly moving underground in the future,” Centaurus Metals managing director Darren Gordon said in the company’s announcement to the Australian Securities Exchange.

“These important attributes put Jaguar in a league of its own as a nickel sulphide development proposition and reinforce why we see it as a company-making project.

“Importantly, these results also show that our targeting method has been very successful in allowing us to infill and often extend the high-grade zones delineated in previous wide-spaced drilling by Vale.

“This targeting method has proven to be successful at Jaguar South, Onça Preta and Onça Rosa and now we are having the same success at Jaguar Central and Jaguar North.

“The shallow zones of mineralisation delineated by this drilling and the historical Vale holes into Jaguar Central and Jaguar North will be incorporated in the upcoming maiden Mineral Resource estimate.

“In the meantime, we will continue to evaluate the deeper potential – which we think is just as exciting.

“Down-hole geophysics on the new drill holes has consistently identified strong conductor plates below the deepest drilling, indicating significant potential for more semi-massive to massive sulphides at depth.

“This potential will be systematically tested in the months ahead.

“With all of the drilling required to deliver our maiden Mineral Resource now complete, two rigs are continuing to operate at Jaguar Central and Jaguar North to test down-dip extensions of the deposits.

“Additionally, a regional field team has commenced mapping, soil sampling and FLEM survey work to generate a pipeline of new regional targets on the western portion of the land package which we will be aiming to start drilling in the next two to three months.”

 

Email: office@centaurus.com.au

Web: www.centaurus.com.au

 

Blackstone Minerals Encounters Wide Zone of Ban Chang Sulphide

THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) reported the intersection of massive sulphide from drilling at the company’s Ta Khoa nickel-PGE project in Vietnam.

Blackstone Minerals encountered massive sulphide in three maiden drill holes at the Ban Chang target that were drilled more than one kilometre apart and along strike within a 1.2km-long massive sulphide target zone that had been defined by high priority EM plates.

Of these, drillhole BC20-03 intersected a zone of 9.15m wide veins of sulphide mineralisation including 4.6m of massive sulphide (MSV) and semi massive sulphide veins (SMSV) with the broader intersection comprising:

1 metre disseminated sulphide (DSS) and sulphide veinlets from 57.05m
0.35m sulphide veinlets from 58.05m
0.3m MSV from 58.40m
2.30m DSS, 10 to 12 per cent sulphides from 58.7m
2.35m SMSV from 61m
1.85m MSV from 63.35m
0.4m sulphide veinlets from 65.2m
0.1m MSV from 65.6m
0.5m DSS and sulphide veinlets from 65.7m.

“We’re pleased to announce a significant intersection of a 9.15 metres wide zone of nickel sulphide vein mineralisation at Ban Chang which could have the scale and geometry to be mined as a bulk underground mining scenario,” Blackstone Minerals managing director Scott Williamson said in the company’s announcement to the Australian Securities Exchange.

“We’ll continue to explore Ban Chang’s potential to become a supplementary high-grade feed source to the main Ban Phuc disseminated sulphide orebody, with further holes planned for drilling in this area.”

Blackstone also has a second drill rig in operation, following its in-house geophysics crew throughout the Ta Khoa district, testing high-priority EM targets generated from 25 MSV prospects including King Snake, Ban Khoa, Ban Chang, and Ban Khang.

Blackstone is targeting MSV prospects analogous to the Ban Phuc MSV, where previous owners mined 975,000 tonnes of high-grade ore at average grades of 2.4 per cent nickel and 1 per cent copper from an average vein width of 1.3m, producing 20,700 tonnes nickel, 10100 tonnes copper and 670 tonnes cobalt.

The company’s Scoping Study on downstream processing to produce nickel sulphate for the lithium-ion battery industry and a Ban Phuc maiden resource are on track for completion in Q3, 2020.

 

Email: admin@blackstoneminerals.com.au

Web: www.blackstoneminerals.com.au

 

Breaker Resources Hits Gold Beyond Bombora

THE DRILL SERGEANT: Breaker Resources (ASX: BRB) reported drilling results from the company’s 100 per cent-owned Lake Roe project, located east of Kalgoorlie in Western Australia.

Breaker Resources declared the recent drilling at Lake Roe had highlighted the gold discovery potential of the Kopai prospect, situated three kilometres north of the one-million-ounce Bombora gold deposit.

The company released results from the first 32 reverse circulation (RC) drill holes (BBRC1354-1385) of a 60- hole program targeting the 2km-long Kopai-Crescent area that is at the northern end of a recently expanded 9.5km-long aircore gold anomaly centred on the Bombora deposit.

Preliminary results from the first 32 holes include:

BBRC1373
4 metres at 4.54 grams per tonne gold from 84m within 9m at 2.9g/t gold to EOH in (ending in mineralisation);

BBRC1358
4m at 2.68g/t gold from 20m within 8m at 1.68g/t gold; and

BBRC1365
4m at 2.53g/t gold from 20m within 8m at 1.63g/t gold.

Breaker is awaiting results for the remaining 28 RC drill holes that targeted a potential link between Kopai and the Crescent prospect, which is situated 1km to the south and hosts a 350m-long zone of continuous shallow gold mineralisation that is not in the Bombora Resource.

“The strong results at the Kopai prospect reinforce Breaker’s belief that Lake Roe is a significant new gold camp, centred on the one-million-ounce Bombora deposit, which itself continues to expand at depth,” Breaker Resources said in its ASX announcement.

“The results also continue to repeat the pattern of low-level oxide gold, and pathfinder anomalism, providing a reliable vector to primary mineralisation – a pattern seen at Bombora, Crescent, Claypan, and now Kopai.”

 

Email: breaker@breakerresources.com.au

Web: www.breakerresources.com.au

 

Bellevue Gold Scores Regional High-Grade Gold Hit

THE DRILL SERGEANT: Bellevue Gold (ASX: BGL) reported a sizeable high-grade gold hit achieved more than seven kilometres from the company’s Bellevue gold project in Western Australia.

Bellevue Gold completed a four-hole reverse circulation drill program at the Government Well prospect, which although being 7.4 kilometres away is part of the Bellevue gold project.

Government Well is the first target Bellevue has tested within 20km of the under-explored regional Bellevue Trend.

The target was previously rock chipped by Bellevue Gold returning results up to 32 grams per tonne gold from outcropping veins as well as a Sub Audio Magnetic (SAM) survey completed at the prospect in 2019.

The company’s first pass program drilling has focussed on the central 500m of the Government Well prospect, which has been defined over 1.2km by field mapping, following up on previous shallow drilling that had intersected two zones of quartz veining.

The recent drilling encountered two high-grade gold intervals of:

DRRC214
3 metres at 9.7 grams per tonne gold from 19m; and 3m at 11.6g/t gold from 33m within an overall interval of 17m @ 4.2 g/t gold.

Drill hole DRRC217 was collared 180m to the south of DRRC214 and about 20m down dip of the historical drilling and results are still pending for this drillhole.

Bellevue noted DRRC217 intersected pyrite quartz veining with visible gold observed in chips over 1m from 54m.

Follow up diamond drilling is planned at the prospect to determine whether the shallow pyrite is reflective of retrograde pyrhotite mineralisation suitable for targeting with DHEM as is the case at Bellevue or whether it reflects a new mineralisation style at the project.

“This result supports our view that there is huge scope to grow the inventory at Bellevue,” Bellevue Gold managing director Steve Parsons said in the company’s announcement to the Australian Securities Exchange.

“The Bellevue Gold Mine sits within a 20 kilometres-long mineralised corridor which has been subjected to very limited exploration.

“The drilling at Government Well represents our first foray away from the mine area and given the strength of this result, we will conduct follow-up drilling at the first opportunity.”

In concert with the exploration drilling, Bellevue Gold is finalising its upcoming maiden Indicated Resource at Bellevue, where the Inferred Resource currently stands at 2.2 million ounces at 11.3g/t gold, and has initiated economic studies on the project.

 

Email: admin@bellevuegold.com.au

Web: www.bellevuegold.com.au

 

Musgrave Minerals Encounters Big Gold Hit at Starlight

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) could hardly contain its own excitement levels when announcing recent drilling results from the company’s 100 per cent-owned ground at its Cue gold project in Western Australia’s Murchison district.

Musgrave Minerals reported assay results for a further seven reverse circulation (RC) drill holes from drilling currently underway at the new Starlight gold discovery at the Break of Day deposit.

The current drilling is focused on infilling and extending the new high-grade Starlight lode where Musgrave has previously intersected mineralisation over a strike of more than 115 metres that remains open down dip and along strike.

Assays received from new RC drilling at Starlight include:

20MORC037
42 metres at 77.3g/t gold from 30m, including 18m at 179.4g/t gold from 30m, including 6m at 498.2g/t gold from 36m;

20MORC031
61m at 12.7g/t gold from 76m, including 6m at 44.6g/t gold from 76m and 21m at 23.6g/t gold from 106m;

20MORC036
22m at 21g/t gold from 2m, including 9m at 49.2g/t gold from 8m;

20MORC029
9m at 16.5g/t gold from 225m, including 3m at 47.6g/t gold from 225m;

20MORC038
4m at 48.2g/t gold from 85m; and

20MORC028
2m at 37.7g/t gold from 74m.

The intersections in all drill holes sit outside, but in close proximity to the current resource at Break of Day.

“These are amazing gold grades to see in near surface drilling,” Musgrave Minerals managing director Rob Waugh said in the company’s announcement to the Australian Securities Exchange.

“Our deepest holes to date are still in high-grade mineralisation at 200 vertical metres where Starlight remains open down dip.

“The bonanza grades near surface will have a significant positive impact on future development at Break of Day.”

 

Email: info@musgraveminerals.com.au

Web: www.musgraveminerals.com.au

 

Meteoric Resources Commences 2020 Drilling Program at Juruena

THE DRILL SERGEANT: Meteoric Resources (ASX: MEI) announced the commencement of drilling at the company’s 100 per cent-owned Juruena gold project located within the Alta Floresta Belt in Brazil.

Meteoric Resources indicated its 2020 drilling campaign will focus on high‐grade targets, initially hitting the Dona Maria gold prospect where its 2019 drilling program confirmed continuity of two high‐ grade shoots (north and south) that remain open at depth beneath the existing resource.

“We are thrilled to be back on the ground at Juruena and the team is champing at the bit to see what the 2020 program has in store for us,” Meteoric Resources managing director Dr Andrew Tunks said in the company’s announcement to the Australian Securities Exchange.

“Following mobilisation to site last week, drilling kicked‐off on Monday 8th June with the first hole targeting bonanza epithermal gold grades within the Dona Maria prospect.

“Our aim is to start the program targeting the high‐grade gold Dona Maria prospect following the last campaign which confirmed the existing resource remains open at depth.

“Work will initially commence at the southern high‐grade gold shoot intercepted in holes JUDD001, 008, 009 and 022.

“This drilling program is designed to improve the estimation confidence and to further grow the resource.

“From Dona Maria it is our aim to move to the Crentes prospect to follow up an exciting, thick, gold‐copper intercept in JUDD0010 that demonstrates the significant porphyry potential of the Juruena project.

“We are excited to be following up some spectacular grades at Juruena from the 2019 program and we look forward to keeping shareholders up to date as we progress.”

 

Web: www.meteoric.com.au

 

Middle Island Resources Kicks Off Phase 2 Drilling at Sandstone

THE DRILL SERGEANT: Middle Island Resources (ASX: MDI) has begun a Phase 2 drilling campaign at the company’s 100 per cent-owned Sandstone gold project in the central goldfields of Western Australia.

Middle Island Resources has been eager to commence the Phase 2 campaign, following recent results from the Phase 1 campaign that identified five new satellite gold deposits, McClaren, McIntyre, Ridge, Old Town Well and Plum Pudding, at the Sandstone project.

The upcoming drilling is to comprise an initial 222 holes (13,846m) of reverse circulation (RC) resource definition drilling and around 10 holes (1,000m) of HQ3 diamond drilling.

The company has expanded the RC drilling component from an original 3,000m due to the success of the Phase 1 campaign, as it now has to cover five new satellite gold deposits, rather than the one new deposit that was originally envisaged.

The Phase 2 RC drilling will also take in initial assessment of at least two further exploration priorities that have been shown up by the Phase 1 campaign.

The first exploration target is the undrilled, 1.15 kilometres-long Shillington Gap, with the second being extensive zones of gold mineralisation observed in historic drilling below and adjacent to the Eureka open pit deposit, situated 700m west of the company’s 100 per cent-owned 600,000 tonnes per annum gold processing plant.

“Following an extremely successful start to the extended 2020 drilling campaign at the Sandstone gold project, I am pleased to confirm that the Phase 2 RC drilling program commenced on schedule last week,” Middle Island Resources managing director Rick Yeates said in the company’s announcement to the Australian Securities Exchange.

“The Phase 2 program comprises an initial 13,800 metres of resource definition RC drilling to infill and extend the five new satellite deposits identified during Phase 1 work, along with confirmation of a possible southern extension to the Shillington deposit.

“The resource definition component of the program will be followed by an exploration element to provide initial assessment of two further significant targets identified by the Phase 1 drilling, at Shillington Gap and Eureka.

“Planning for this component is still on-going and will be partly predicated on assessment of the imminent high resolution airborne magnetic and radiometric survey results.

“I look forward to sharing the details, progress and results of an extremely exciting and expanded Phase 2 program with you during June and July.”

Middle Island indicated it is currently undertaking preliminary resource estimates and pit optimisations on all five of the new satellite deposits to assist in refining planned Phase 2 resource definition RC and diamond drilling.

Final resource estimates are anticipated to then be prepared for the Two Mile Hill, Wirraminna and Shillington deposits, where resource definition drilling has largely been completed, prior to final pit optimisation studies for a feasibility study update.

Shillington will be the last of the three deposits to be re-estimated, following limited Phase 2 RC drilling on the recently identified southern extension.

Final resource estimates and pit optimisations will then be progressively undertaken on the new satellite deposits as the Phase 2 drilling results are received and compiled, prior to inclusion in the feasibility study.

 

Email: info@middleisalnd.com.au

Web: www.middleisland.com.au

 

Kin Mining Drilling Results Encourage Quick Follow-up Program

THE DRILL SERGEANT: Kin Mining (ASX: KIN) reported receipt of the final batch of assays from recent exploration-focused drilling programs at the company’s 100 per cent-owned Cardinia gold project near Leonora in Western Australia.

Kin Mining signalled it intends wasting little time to recommence drilling with planning already underway for the next phase of drilling scheduled to commence in the third week of June.

The company received assay results from recent Reverse Circulation (RC) drilling at the Lewis East prospect and air-core drilling at the Faye Marie prospect.

Drilling at Lewis East was designed to follow up on results achieved in the recent air-core program.

Kin declared the latest assays to have confirmed the presence of broad zones of gold mineralisation associated with disseminated sulphides.

Assays from Lewis East include:

LE20RC057
44 metres at 0.47 grams per tonne gold from 51m;

LE20RC048
11m at 0.62g/t gold from 53m;

LE20RC054
7m at 0.9g/t gold from 11m; and

LE20RC049
3m at 1.49g/t gold from 20m.

The results from Faye Marie produced an intercept of:

FM20AC058
4m at 2.99g/t gold from 48m.

Kin Mining said this had confirmed the prospectivity of this contact which comprises over a three-kilometre strike length between Faye Marie and the near-by Black Chief prospect.

“This wraps up the recent exploration at the Cardinia Gold Project, with the drilling outlining multiple new areas of mineralisation that require follow-up,” Kin Mining managing director Andrew Munckton said in the company’s announcement to the Australian Securities Exchange.

“As with any exploration program, we have had a range of results in terms of the assays, but we believe that we now have a much clearer picture of where to focus our efforts moving forward.

“The next phase of drilling will be significantly larger than the recently completed program and is scheduled to commence in the third week of June.

“We are confident that it has the potential to take the Cardinia Gold Project to the next level as one of the most exciting emerging exploration plays in the junior gold sector in Western Australia.

“We look forward to providing further information on the upcoming program in due course.”

 

Email: info@kinmining.com.au

Web: www.kinmining.com.au

 

De Grey Mining Hits Broad, High-Grade Extensions at Aquila

THE DRILL SERGEANT: De Grey Mining (ASX: DEG) reported on progress of drilling underway at the Aquila Zone, located within the company’s Hemi gold discovery near Port Hedland in Western Australia.

De Grey Mining described Aquila as a parallel gold-sulphide zone located to the immediate north of the Brolga zone and adjacent to the new Crow zone to the north.

The company currently has RC and diamond core drilling in operation with three rigs operating between Aquila, Brolga and Crow testing for extensions of the gold mineralisation on an 80m by 80m basis.

A second RC rig is anticipated to arrive on site shortly.

The drilling at Aquila comprises step out drilling both along strike and at depth with the deeper drilling aiming to test approximately 80 to 100m below known mineralisation.

Drilling at Aquila extended 80m to the east on section 30,640E, returning results including:

HERC086
41 metres at 6.8 grams per tonne gold from 181m, including 14m at 10g/t gold from 206m (Hole ended in mineralisation); and

HERC085
16m at 1.6g/t gold from 144m.

Noteworthy depth extensions were also achieved, including:

HERC031D
69.5m at 1.3g/t gold from 80m; and

HERC093
30m at 1.7g/t gold from 125m.

Shallow high-grade RC results confirmed previous aircore drilling on section 30,000E:

HERC096
45m at 8.1g/t gold from 111m, including 16m at 13.2g/t gold from 114m (10gm lower cut); and

HERC095
49m at 3.4g/t gold from 49m, including 19m at 5.1g/t gold from 50m.

“At Aquila, we still have not reached the limits of mineralisation,” De Grey Mining technical director Andy Beckwith said in the company’s announcement to the Australian Securities exchange.

“Step out drilling shows we are still in strong broad and high-grade mineralisation along the length of the deposit.

“Deeper RC and diamond drilling is planned to target approximately 100 metres below mineralisation as well as further extensions along strike.

“We announced on Friday (5/6/20) that we would be increasing the number of aircore and RC rigs on site.

“This will allow us to expand aircore drilling coverage immediately around Hemi and at the other nearby intrusions including Scooby, Shaggy and Antwerp.

“The additional RC rig will allow us to follow up the positive aircore results that are extending mineralisation and to continue defining known mineralisation.

“Wide spaced aircore drilling is currently advancing to the west of Aquila.

“Aircore holes have intersected encouraging alteration approximately 500 metres to the west of Aquila.

“The alteration appears similar to alteration at Aquila.

“Samples from these aircore holes will this week be dispatched for assaying.”

 

Email: admin@degreymining.com.au

Web: www.degreymining.com.au