Burley Minerals Hits Thick Pegmatite Swarms at Chubb North Prospect

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THE DRILL SERGEANT: Burley Minerals (ASX: BUR) announced an encounter with a large stacked LCT pegmatite system at the company’s Chubb North prospect in Québec, Canada.

Burley Minerals completed drilling its first four diamond holes into the Chubb North prospect the resulted in identification of two large LCT pegmatite targets.

The company also received diamond core assay results from the Chubb Central prospect that have extended the known strike length of spodumene mineralisation, while confirming continuity and consistency of the mineralised zone.

This mineralised zone remains open to the north and south, and at depth.

The company has interpreted these pegmatite intersections to indicate parallel repetitions, both west and east of the main dyke, supporting further exploration drilling.

“Excitement is building following examination of the initial four diamond holes drilled into the newly identified LCT pegmatite target at Chubb North,” Burley Minerals managing director and CEO Stewart McCallion said in the company’s ASX announcement.

“All four holes encountered pegmatite zones greater than 30m wide with combined widths of up to 182m, and with the largest pegmatite outcrop exceeding 500m of strike length.

“Importantly the pXRF and LIBS geochemical results suggest very positive indications of lithium fertility in this recently recognised, large, untested system and we are looking forward to getting more holes in the ground as soon as possible.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

TG Metals Encounters High-Grade Lithium at Lake Johnston

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THE DRILL SERGEANT: TG Metals (ASX: TG6) joined the ranks of currently hot lithium exploration companies after reporting on exploration drilling activities at the company’s Lake Johnston lithium-nickel-gold projecin Western Australia.

TG Metals conducted a RC drilling program designed as the initial test of the Burmeister lithium soil anomaly it had previously defined.

The Burmeister lithium soil anomaly covers an area of approximately 4.5km by 1.7km, with the Phase 1 drilling testing a higher tenor area of anomalism.

Drilling intersected spodumene bearing pegmatite with high-grades up to 2.28 per cent lithium dioxide (Li2O).

Better results include:

9m at 1.35 per cent Li2O from 30m, including 1m at 2.03 per cent Li2O from 32m and 1m at 2.21 per cent Li2O from 37m; and

9m at 1.62 per cent Li2O from 87m, including 1m at 2.28 per cent Li2O from 87m

“These are exceptional initial drilling results especially since we have only tested such a small part of the soil anomaly,” TG Metals CEO David Selfe said in the company’s ASX announcement.

“There appears to be multiple pegmatites with consistent widths of between 8 to 12 metres, that are completely mineralised with spodumene.

“The targeted soil geochemical anomaly is very large and remains open, particularly to the east.

“The next phase of drilling will begin shortly and is proposed to test both the lateral and depth potential of this lithium pegmatite system.

“We are planning for an immediate follow up drilling campaign.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

MTM Critical Metals Encounters New Zones of REE and Niobium at Pomme

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THE DRILL SERGEANT: MTM Critical Metals (ASX: MTM) reported an encounter with further total rare earth oxide (TREO) mineralisation via diamond drilling at the company’s Pomme rare earth element (REE)-niobium project in Québec, Canada.

MTM Critical Metals said the drilling continued to affirm REE and niobium mineralisation over broad intervals in previously untested parts of the carbonatite.

Narrow zones of higher-grade mineralisation greater than one per cent (10,000ppm) TREO were intersected, including;

POM-23-08
149.5 metres at 0.32 per cent TREO and 0.05 per cent niobium from 122m, including 1.5m at 1.31 per cent TREO and 0.06 per cent niobium.

The company said assays indicate that a healthy proportion of the TREO grade is high value magnet REE mineralisation i.e., neodymium and praseodymium.

“The latest three holes were completed in areas not previously tested with any drilling,” MTM Critical Metals managing director Lachlan Reynolds said in the company’s ASX announcement.

“These new assay results provide us with further information of the geology and distribution of rare earth and niobium mineralisation within the Pomme carbonatite complex.

“The assays follow encouraging results previously from the first five holes and we are still eagerly awaiting assays for the remaining five holes from the 13-hole campaign completed at Pomme.

“As results are received, our technical team will be putting together a 3-dimensional model of the Pomme carbonatite and evaluating the most prospective part of the target for coherent zones of high-grade mineralisation.

“These areas will be prioritised for further drilling follow-up.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Dreadnought Resources Winds-Up 2023 Tarraji-Yampi Drilling Campaign

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THE DRILL SERGEANT: Dreadnought Resources (ASX: DRE) has wrapped up RC and diamond drilling for the year at the company’s Tarraji-Yampi project, located in the Kimberley Region of Western Australia.

Dreadnought Resources has completed 11 RC holes (1,289m) and 2 diamond holes (530.3m) at Tarraji-Yampi, overcoming operational challenges from bush fires and rig breakdowns that resulted in only four targets being tested.

Despite this, Dreadnought declared the program delivered several positive outcomes warranting follow-up.

The drilling included diamond holes KMRD056 and KMRD057 that intersected laminated, brecciated and semi-massive sulphides extending mineralisation at the Orion target a further 100m down dip taking it to approx. 350m wide x approx. 150m long x 250m deep (and modelled to at least 500m deep).

Seven RC holes testing EM conductors intersected mineralisation comparable to what the company had previously encountered around the fringes of Orion.

Subsequent downhole EM (DHEM) confirmed off-hole and edge-hit anomalies, including KMRC053 which produced a strong off-hole conductor.

Dreadnought interpreted these results to indicate some targets have not been effectively tested and require additional drilling.

A further two RC holes drilled into the Ironclad target intersected quartz-sulphide veining along a substantial structure, similar to the Grant’s copper-gold-cobalt prospect.

“This year’s drilling program in the Kimberley has been challenging due to unseasonable weather, bush fires and rig break downs,” Dreadnought Resources managing director Dean Tuck said in the company’s ASX announcement.

“As a result, the program remains largely incomplete as originally intended with only a handful of targets effectively tested.

“On the positive side, mineralisation at Orion has been extended and remains open at depth, thanks to diamond drilling supported by the GSWA’s co-funding Exploration Incentive Scheme.

“Additionally, a number of strong off hole conductors have been identified associated with ‘near miss’ style mineralisation seen around the fringes of the Orion Discovery.

“These remain high priority targets for follow up drilling in 2024.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Wildcat Resources Hits More Lithium and Shouts ‘Tabba Tabba Doo!’

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THE DRILL SERGEANT: Wildcat Resources (ASX: WC8) announced the third batch of assay results the opening drilling program at the company’s Tabba Tabba lithium project in the Pilbara of Western Australia.

Wildcat Resources declared the assay results from a further 58 RC holes (22 from Leia) indicate Tabba Tabba has potential to host a Tier-1 lithium deposit at Leia.

The company said that diamond core and initial mineralogical work via Fourier-transform infra-red (FTIR) has confirmed (coarse) spodumene as the dominant lithium mineral.

Results from the Leia Pegmatite in the Central Cluster include:

TARC128
85 metres at 1.5 per cent lithium dioxide (Li2O) from 133m (est. true width), including 9m at 3.0 per cent Li2O from 199m and 13m at 2.3 per cent Li2O from 136m;

TARC118
38m at 1.1 per cent Li2O from 132m (est. true width);

TARC123
35m at 1.0 per cent Li2O from 127m (est. true width);

TARC121
21m at 1.0 per cent Li2O from 45m (est. true width); and

TARC144
85m at 1.3 per cent Li2O from 167m (est. true width), including 10m at 2.5 per cent Li2O from 175m.

“We continue to be encouraged by the Leia Pegmatite’s scale, grade and tabular consistency having still not found the edges of it with drilling,” Wildcat Resources managing director Samuel Ekins said in the company’s ASX announcement.

“It really feels as though we are in the midst of a Tier 1 lithium discovery at Tabba Tabba.”

Tabba Tabba is on granted Mining Leases near some of the world’s largest hard-rock lithium mines.

Wildcat believes Tabba Tabba is emerging as a potential world-class, Tier 1 lithium project, being one of six pegmatite prospects within a 3.2km long pegmatite field.

All pegmatite prospects at Tabba Tabba are open and Wildcat is continuing its aggressive exploration campaign with two RC drill rigs and a diamond drill rig.

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Cooper Metals (ASX: CPM) managing director Ian Warland

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Cooper Metals (ASX: CPM) managing director Ian Warland visits The Resources Roadhouse to bring Wally Graham up to speed on the company’s exploration efforts across its Mt Isa East copper-gold project.

Golden Mile Resources (ASX: G88) managing director Damon Dormer

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Golden Mile Resources (ASX: G88) managing director Damon Dormer zoomed in to visit Wally Graham of The Resources Roadhouse to simplify the complexities of the company’s vermiculite-hosted nickel discovery at the company’s Quicksilver nickel-cobalt deposit in Western Australia.

Alchemy Resources Releases Maiden Mineral Resource at Overflow Project

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THE DRILL SERGEANT: Alchemy Resources (ASX: ALY) announced an opening Mineral Resource Estimate (MRE) for the Overflow deposit at the company’s 80 per cent-owned Lachlan project in New South Wales.

Alchemy Resources reported the Overflow MRE using a 0.7 grams per tonne gold equivalent (AuEq) cut-off grade to come in at 8.189 million tonnes at 1.3g/t AuEq for 342,000 ounces AuEq.

The company considers there to be substantial potential to expand the current JORC 2012-compliant MRE through additional drilling, as the deposit remains open along strike and at depth.

“The maiden Mineral Resource Estimate of 342,300 gold equivalent ounces of gold at Overflow establishes a solid base for growth in the centre of our 80 per cent-owned Lachlan projects,” Alchemy Resources CEO James Wilson said in the company’s ASX announcement.

“Importantly this is a high-quality, independently conducted resource estimate which remains open at depth and along strike.

“The current resource footprint covers only a small portion of the prospective stratigraphy and sits near a number of existing operations.

“We believe there is a lot of potential for future growth, both along strike and at depth.

“Moving forward, our strategy is to conduct exploration to expand our resource inventory, commencing at Overflow North which has seen almost no modern exploration.

“We are also planning work to target the depth and down plunge extensions of the existing resource.

“The area has a lot of potential for high grade mineralisation close to surface with many targets having not been followed up in nearly 20 years.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Cygnus Metals Encounters Auclair Spodumene-Bearing Pegmatites

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THE DRILL SERGEANT: Cygnus Metals (ASX: CY5) revealed plenty to discuss from the first exploration program undertaken at the company’s Auclair lithium project in James Bay, Canada.

The company declared its efforts resulting in the unveiling of a 1.9 kilometres corridor of spodumene-bearing pegmatites grading up to 6.5 per cent lithium oxide (Li2O).

Cygnus Metals reported its first drilling program at Auclair to have intersected multiple visual spodumene-bearing pegmatites up to 13.9m wide over 1.9km of strike which the company thinks could represent a potential large swarm system.

Samples taken from outcropping pegmatite in the 1.9km corridor included:

Grab sample results: 6.5 per cent Li2O, 5.5 per cent Li2O, 3.8 per cent Li2O, 3.7 per cent Li2O and 2.8 per cent Li2O;

Channel sample results: 4.3m at 2.3 per cent Li2O, 5.7m at 1.7 per cent Li2O, 4.6m at 1.2 per cent Li2O and 3.6m at 1.6 per cent Li2O.

“The first-ever lithium exploration program at Auclair shows this project has enormous potential,” Cygnus Metals managing director David Southam said in the company’s ASX announcement.

“We have already outlined spodumene-bearing pegmatites through drilling, and channel and grab samples over a 1.9km-long corridor with spectacular grades of up to 6.5 per cent Li2O.

“It is well documented that the entire James Bay region contains a substantial number of pegmatites, most of which will not be mineralised, however what sets Auclair apart is that we have confirmed both high-grade and a swarm of spodumene mineralisation, yet we have only tested a minor portion of our 405 square kilometres tenure.

“The highly fractionated pegmatites within 10km of current exploration activities is very encouraging with additional sampling and fieldwork following up these results underway.

“In light of all these factors, we have engaged an industry-leading geophysics group to use the latest techniques, combined with LiDAR, to analyse our results and generate additional targets.

“In the meantime, and consistent with our recent capital raising disclosures, we are moving the rig to Pontax to complete a program initially aimed at step out drilling from our maiden Mineral Resource announced earlier in the year.”

 

 

 

Future Battery Minerals Drills Growth to Kangaroo Hills High-Grade Lithium System

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THE DRILL SERGEANT: Future Battery Minerals (ASX: FBM) drove down to the South-West Connect ASX Showcase armed with assay results for the first batch of holes from a Phase 3 reverse circulation (RC) and diamond drilling (DD) program recently carried out at the company’s 100 per cent-owned Kangaroo Hills lithium project (KHLP) in Western Australia.

Future Battery Minerals declared the first assay results received from the expanded Phase 3 drill program at Kangaroo Hills to have confirmed extensive near-surface lithium pegmatite swarm at the Big Red and Rocky prospects.

Latest assay results include:

KHDD006
22 metres at 1.24 per cent lithium oxide (Li2O) from 23m (Big Red);

KHRC057
8m at 1.08 per cent Li2O from 40m (Rocky); and

KHRC089
6m at 1.03 per cent Li2O from 60m (Rocky).

The company is waiting on assays for a further 43 holes with drilling continuing with one rig.

These outstanding assays include numerous further extensional intercepts of visual spodumene-bearing pegmatite drilled at the Rocky prospect.

“The initial set of assays from the recent RC and DD program at Big Red and Rocky have delivered further excellent results and confirms the early visual spodumene observations of this emerging LCT pegmatite system,” Future Battery Minerals technical director Robin Cox said in the company’s ASX announcement.

“In particular, the result from KHDD006 at Big Red provides further support to the relative consistency in that area of the system in terms of shallow, thick intervals (+20m) at a high lithium grade (+1.2% Li2O).

“Recent RC drilling at Rocky (assays pending) has also returned many shallow, substantial intercepts of visual spodumene bearing pegmatites that have significantly increased the scale of this system with assays outstanding.

“The focus of drilling at Rocky will move shortly to a diamond tail program to commence testing for extension at depth, including the potential for a thickening of mineralisation.

“In terms of ongoing scout target drilling, we are seeing encouraging early signs at Wallaroo (West) and further drilling is planned to test the identified pegmatites in this area.

“The grant of final environmental permitting will also allow us to commence drilling north from Big Red, including other attractive combined resistivity/structural target areas such as Western Grey.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE