Tambourah Metals Completes First Drilling at Cheela Gold Project

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THE DRILL SERGEANT: Tambourah Metals (ASX: TMB) received first assays for an initial aircore drilling program at the company’s Cheela gold project in the Ashburton region of Western Australia.

Tambourah Metals explained the drilling targeted gold intersections that had been encountered in wide-spaced historic drilling conducted by both Newcrest and Northern Star.

The company completed a total of 11 aircore holes for 769 metres over a strike distance of about 90m, in-filling the historic drilling on 40m spaced traverses.

The assay results for 5 of the 11 holes demonstrated a persistent shallow gold anomaly associated with the historic drill intercepts.

Best results include:

CHAC003
5 metres at 1.1 grams per tonne gold from 33m, including 1m at 2.85g/t gold from 33m.

“We are delighted to have completed the maiden aircore drilling program at Cheela that has confirmed extensive shallow gold anomalism reported from wide spaced historic drilling,” Tambourah Metals executive chair Rita Brooks said in the company’s ASX announcement.

“On receiving assay results for the remaining six drill holes we will plan follow up RC drilling targeting the deeper high-grade intersection in ARB1222 (Newcrest) and underlying structures.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Encounter Resources Commences Diamond Drilling at Aileron

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THE DRILL SERGEANT: Encounter Resources (ASX: ENR) has commenced a diamond drilling program at the company’s 100 per cent-owned Aileron project in the West Arunta region of Western Australia.

Encounter Resources is conducting an approx. 2,000 metres diamond drill program at Aileron, the first hole of which will be testing a discrete, high amplitude density anomaly at Perce the company considers prospective for IOCG mineralisation or an alkaline/carbonatite intrusion.

After this hole the diamond drill rig will then be charged with testing targets Encounter has generated via an aircore drill program it currently has in progress at Aileron.

This program has already completed a total of 70 aircore holes with the first batch of priority aircore samples from the Crean target already on their way to the lab for analysis.

“The project wide Falcon gravity survey that we completed provided fundamental new data to target IOCG and carbonatite-hosted niobium-REE deposits in the West Arunta region,” Encounter Resources managing director Will Robinson said in the company’s ASX announcement.

“The survey defined key regional structures that transect the West Arunta including the NNE trending Weddell Fault that bounds a number of the high priority prospects in the region.

“It highlighted significant gravity anomalies in the eastern part of Aileron including the discrete, high amplitude density anomaly at Perce, which is the first target to be tested.

“The initial diamond program at Perce is EIS co-funded and is the first phase of the systematic testing of major geophysical targets defined in the eastern part of this emerging new mineral belt.”

The Perce target is located at the eastern extent of Aileron where no previous drilling has been completed.

Encounter have designated it as a high priority geophysical target that is a discrete, high amplitude density anomaly located at a key structural intersection.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Aurumin Drilling Hits High-Grade Gold at Plum Pudding

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THE DRILL SERGEANT: Aurumin (ASX: AUN) received initial results from recent RC drilling undertaken at the company’s 100 per cent-owned Central Sandstone project in Western Australia.

The project is part of Aurumin’s Sandstone Operations, which also includes the Birrigrin and Johnson Range projects, and has a total Resource of 946,000 ounces of gold.

The drilling campaign tested seven new open pit targets with first pass exploration drilling, and aimed to extend two open pit Resources the company had released in April this year.

Aurumin claimed the campaign a success, with four of the seven new targets returning positive results and extensional drilling returning a healthy result at the Plum Pudding deposit.

Plum Pudding Extensional Drilling:

SN_XP_RC_24_0036
18 metres at 25.8 grams per tonne gold from 30m, including 2m unexpected void at 0.0g/t gold, including 2m at 215.2g/t gold from 43m and 7m at 1.48g/t gold from 71m.

Two Mile Hill West – New Target:

SN_XP_RC_24_0018
32m at 0.99g/t gold from 68m, including 4m at 4.28g/t gold from 76m (composite sample)

Old Town Trend – New Target:

SN_XP_RC_24_0010
11m at 2g/t gold from 28m, including 4m at 2.97g/t gold from 32m (composite sample)

Mt Klempt – New Target:

SN_XP_RC_24_0006
9m at 1.25g/t gold from 16m.

“These are great results from a first pass exploration drilling program,” Aurumin managing director Brad Valiukas said in the company’s ASX announcement.

“We achieved significant results at four out of seven targets; these were based on a combination of previous geochemical results and structural interpretation.

“Additionally, we got a bonanza result with extensional drilling at Plum Pudding, with a top assay of 344 grams per tonne and an unexpected void, likely old workings.

“Plum Pudding is now a priority target for additional work so we can expand our, currently modest, 14,000 ounce Resource.

“We are focussed on the Central Sandstone project and generating the critical mass required for future production, these results are a great step towards adding the required additional open pit material to support an operational restart.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Flynn Gold Intersects High-Grade Gold at Trafalgar

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THE DRILL SERGEAT: Flynn Gold (ASX: FG1) raced out the first results from the latest diamond drilling activities at the company’s 100 per cent-owned Golden Ridge project located in Northeast Tasmania.

Flynn Gold reported assays from the first hole in the diamond drilling program underway at the Trafalgar prospect that has intersected numerous high-grade gold veins.

TFDD016:

0.4 metres at 67.6 grams per tonne gold within 1.3m at 21.9g/t gold from 248.7m;
0.3m at 39.2g/t gold from 243.2m;
0.5m at 35.1g/t gold within 1.4m at 12.7g/t gold from 164.6m (Trafalgar Main Vein);
0.3m at 19g/t gold within 0.65m at 10.5g/t gold from 187.55m (Magazine Vein);
0.3m at 12.3g/t gold within 1.2m at 3.5g/t gold from 233m; and
0.4m at 10.8g/t gold from 135.2m.

“These are impressive early results from the first hole of our drilling campaign at the Trafalgar prospect at Golden Ridge in Northeast Tasmania, adding further confidence to our understanding of Trafalgar as a multiple high-grade vein, intrusion-related gold deposit,” Flynn Gold managing director and CEO Neil Marston said in the company’s ASX announcement.

“Earlier this year our exploration model for Trafalgar was refined and updated.

“Based on the new model this first drill hole was designed to test for mineralisation beneath the historic Trafalgar mine, and up dip of previously intersected high-grade intervals.

“We have intersected high-grade mineralisation in the target zones, which increases confidence in our work and the ability to understand this high-grade gold system.

“We look forward to releasing further drilling results as this program progresses over the coming weeks.”

The company completed a second hole, TFDD017, last week to a final depth of 248.4m that was also designed to test all the main veins (Trafalgar Main, Magazine, and Trafalgar South veins) (see Figure 2). This hole is currently being logged and sampled.

A third drill hole, TFDD018, will commence this week with a target depth of 330m and is also designed to test all three of the main veins.

Assay results are anticipated to be announced when they become available.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Aruma Resources Acquires Portfolio of Copper and Uranium Projects

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THE DRILL SERGEANT: Aruma Resources (ASX: AAJ) increased the size of its portfolio satchel with the acquisition of copper and uranium exploration assets in tier-1 mineral precincts of South Australia and Queensland.

The acquisitions include:

The Wilan IOCG-uranium project in the Olympic Dam precinct in South Australia; and

The Fiery Creek copper and Bortala copper projects in the Mt Isa region of Queensland.

Aruma Resources considers all three projects, being acquired from NHM Holdings (Australia) Pty Ltd to have copper-gold (stratiform and IOCG) discovery potential – along with playa lake and paleochannel uranium targets at the Wilan project.

The company sees the new portfolio additions as pivotal as they will expand its focus into key high-demand commodities, copper and uranium, via a portfolio of high-potential exploration projects in two of Australia’s pre-eminent, active mineral precincts.

“We are excited about the company-changing potential of this acquisition,” Aruma Resources managing director Glenn Grayson said in the company’s ASX announcement.

“In seeking to expand our asset portfolio we have assessed a number of projects against key criteria designed to drive market support for the company and value accretion for shareholders.

“We see the combination of quality exploration asset portfolio in high-demand commodities, located in active tier-1 mineral belts in progressive mining jurisdictions as the clear right-fit for Aruma Resources.

“In tandem with our ongoing focus on our Western Australian assets, we plan to implement targeted field work programs across the new asset portfolio, with a view to defining priority targets and systematically drilling these projects to unlock and maximise their IOCG, uranium and copper potential.

“The company views the ability to acquire this IOCG, uranium and copper prospective asset portfolio at a time of prevailing strength in these commodity markets underpinned by a bullish long term outlook as being potentially transformational, and we look forward to sharing details of our journey to unlock the value of this new asset portfolio in the weeks and months ahead.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Sayona Mining Drills Thick, High-Grade Moblan Intersections

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THE DRILL SERGEANT: Sayona Mining (ASX: SYA) released results from recently completed drilling activity at the company’s Moblan lithium project (Sayona 60%; Investissement Quebec 40%) in northern Quebec, Canada.

Sayona Mining said the results of the 94-hole program demonstrated the high-grade nature of Moblan.

The drilling program was designed to test extensions to mineralisation and provide in-fill data for the upgrade of Mineral Resource categories.

Highlights include:

South Pegmatites:

1331-23-537
40.7m at 1.52 per cent lithium oxide (Li2O) from 130.5m;

1331-23-679
78.2m at 1.55 per cent Li2O from 51.5m; and

1331-23-684
57.05m at 1.48 per cent Li2O from 41.15m;

Inter Pegmatites:

1331-23-461
44.75m at 1.41 per cent Li2O from 250.15m;

1331-23-503
49.7m at 1.61 per cent Li2O from 143.3m; and

1331-23-513
45m at 1.17 per cent Li2O from 291.5m.

Moleon Pegmatites:

1331-23-552
30.2m at 1.73 per cent Li2O from 158.8m;

1331-23-582
44.25m at 1.29 per cent Li2O from 214m;

1331-23-583A
42.75m at 1.85 per cent Li2O from 176.8m;

1331-23-584
36.85m at 1.77 per cent Li2O from 181.95m; and

1331-23-585
43.9m at 1.66 per cent Li2O from 139.9m.

“We are delighted with the thick, high-grade drilling results at Moblan confirming it is one of the premier hard rock lithium deposits in North America,” Sayona Mining interim CEO James Brown said in the company’s ASX announcement.

“Most excitingly, it is clear there remains considerable potential for further expansion of the deposit which is open in all directions.

“The results reported today have highlighted extensions to known mineralisation and most significantly a number of new zones of mineralisation.

“The drilling has also identified mineralisation between known zones and MRE pit shells which has the potential to increase the mineral resource estimate.

“We are receiving and assessing further drilling results from the 2023 program and will report those to shareholders as soon as possible.

“Additionally, we have now commenced a further drilling program to be completed throughout 2024.

“Moblan forms the centrepiece of our James Bay lithium hub and has an extremely bright future supplying Québec-produced lithium derivatives into the expanding North American battery and EV sector.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Venture Minerals Delivers More REE Intersections at Jupiter

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THE DRILL SERGEANT: Venture Minerals (ASX: VMS) newly minted managing director Philippa Leggat was quick out of the blocks to announce the first batch of assay results from recent drilling at the company’s 70 per cent-owned, clay-hosted Jupiter rare earths project in Western Australia.

Venture Minerals declared the latest Jupiter assay results had continued to deliver consistent high-grade zones (+2,000ppm TREO) over 20- 30 m widths, within broader zones up to 80 metres grading well over 1,000 ppm total rare earth oxide (TREO) with thorium and uranium levels remaining consistently extremely low.

These results continue to validate geophysics over the entire 40 square kilometre Jupiter target.

“The great intersections just keep on coming at Jupiter!” Philippa Leggat said in the company’s ASX announcement.

“Another batch of drilling results and another record clay-hosted REE drill intersection.

“It’s fantastic to see infill drilling continue to deliver such consistent results, with impressively broad zones of high-grade mineralisation confirmed in hole-after-hole.

“This is the kind of substance that builds a meaningful project.

“We have an incredible team working on Jupiter, led by experienced geologist Dr Stuart Owen.

“Dr Natalee Bonnici (ex IGO and Northern Star) is a geo-metallurgist who recently joined our team, bringing her specialist skills to our understanding of the mineralisation at Jupiter.

“Their work is the foundation that means our metallurgical work will be done on representative samples.

“We are doing the work the right way, because this project is too big and too good to be wasted on short-cuts.

“Jupiter’s scale, grade and tier 1 location all play into the strategic nature of this discovery.

“They infer the incredible potential which attracted Nick Cernotta and Tim Lindley to join the Board.

“This potential is the basis for our vision to restructure the company to become one of the best rare earths and critical minerals companies in Australia, while delivering meaningful shareholder value.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Black Canyon Prepares Wandanya High-Grade Manganese Drill Program

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THE DRILL SERGEANT: Black Canyon (ASX: BCA) is gearing up for a planned Heritage and drill program over the W2 prospect located on the company’s 100 per cent-owned Wandanya tenement in Western Australia.

Black Canyon has Heritage surveys scheduled to commence over the Wandanya project in late June in preparation for drilling the following quarter.

Drilling is following up a previously completed detailed sampling campaign, which returned several high-grade manganese samples.

The tenement is located on the eastern boundary of the Oakover Basin and approximately 80km south of the Woodie Woodie manganese mine.

“The W2 prospect at Wandanya represents a promising target for higher-grade manganese mineralisation, potentially linked to a structurally controlled hydrothermal system,” Black Canyon managing director Brendan Cummins said in the company’s ASX announcement.

“We are eager to evaluate the potential dimensions of the surface mineralisation and determine how the grade profile trends at depth.

“The company has a strong track record of exploration discovery which we aim to continue at Wandanya.

“We are progressing the Scoping Study on the 100 per cent-owned KR1 and KR2 deposits which is trending positively targeting increased processing throughput and a reduced logistics pathway to Port Hedland to lower operating costs.

“The recent spike in manganese pricing over the past few months has increased interest in our projects across the Balfour Manganese Field.

“However, our focus remains on ensuring future operations are viable during a low pricing cycle, while being well-positioned to benefit from price surges.

“This is why large potential long-minelife assets, like those we have discovered and are developing at the BMF are intrinsically valuable.”

Brendan Cummins speaks with The Resources Roadhouse at the recent RIU Sydney Resources Round-up

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Legacy Minerals Intersects Black Range Epithermal Veins

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THE DRILL SERGEANT: Legacy Minerals (ASX: LGM) has completed its first diamond drilling campaign at the company’s 100 per cent-owned Black Range project in New South Wales.

Legacy Minerals carried out its first-phase diamond drilling program at the Sugarbag Hill prospect, completing two holes totalling 870.7 metres.

The drilling intersected veins indicative of a low-sulphidation epithermal style of mineral system, supporting the company’s exploration targeting model.

Diamond core is currently being sampled before dispatch to laboratories for assay with results expected to be received in July 2024.

“The visual confirmation of epithermal veins in the initial drill holes completed at Black Range is a great outcome,” Legacy Minerals CEO & managing director Christopher Byrne said in the company’s ASX announcement.

“Our goal was to identity potential feeding structures that may have caused the widespread gold anomalism at surface.

“We achieved our intended proof-of-concept early in this campaign and have decided to await assays before returning for follow up drilling.

“The diamond drilling targeted a large, 2.2 kilometres surface gold trend at Sugarbag Hill which includes a higher tenor, 800 metres long zone with an average of 107.5ppb gold in soil samples.

“Visual observations in the drill core of chalcedony-adularia and bladed carbonate with fluorite support our interpretation of a low-sulphidation style epithermal system.

“With the initial drill program complete at Black Range, the team is now mobilised to Bauloora where drilling is commencing.

“This is an intensive period of exploration and an exciting time for our shareholders, as we progress with our goal of executing four discovery-focused drill campaigns at four different projects this year.

“These include Black Range, Bauloora with our earn-in partner Newmont, Glenlogan with earn-in partner S2 Resources, and EarthAI at Fontenoy.”

Chris Byrne with The Resources Roadhouse at RIU Sydney Resources Round-up.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Wildcat Resources Extends Luke Discovery Strike Length

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THE DRILL SERGEANT: Wildcat Resources (ASX: WC8) announced high-grade lithium results from its Luke Pegmatite discovery within the company’s Tabba Tabba lithium project in Western Australia.

Wildcat Resources declared the drilling to have extended the Luke discovery by more than 800 metres strike with intercepts including:

Two wide zones in hole TARC348D
43 metres at 1.4 per cent lithium oxide (Li2O) from 316m (estimated true width), and
43.4m at 1.1 per cent Li2O from 412m (est. true width); and

Two wide zones in hole TADD030
54.4m at 1.2 per cent Li2O from 267.9m (est. true width), and
25m at 1.2 per cent Li2O from 363.9m (est. true width).

“These latest broad mineralised zones at the Luke Pegmatite are exceptional,” Wildcat Resources managing director AJ Saverimutto said in the company’s ASX announcement.

“We are very excited, as the new results confirm the discovery has broad, high-grade zones sitting directly beneath our Leia Pegmatite body.

“Luke has potential to have a significant positive impact on the overall system.

“We have four rigs onsite, aggressively drilling new targets at Tabba Tabba.

“The Luke discovery is testament to the quality of our geological team and their target generation.”

Wildcat considers the results from the Luke Pegmatite to be encouraging for the company to continue its aggressive exploration campaign across the Tabba Tabba tenements to test new search spaces.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE