Green Technology Metals Increases Resource and Confidence Level at Root Bay

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THE DRILL SERGEANT: Green Technology Metals (ASX: GT1) entered the South-West Connect ASX Showcase with a confident stride after announcing an updated Mineral Resource Estimate (MRE) for the company’s 100 per cent-owned Root project in Ontario, Canada.

Green Technology Metals increased the Root Bay Lithium Mineral Resource Estimate (MRE) by 25 per cent, taking it to 10.1 million tonnes at 1.29 per cent lithium oxide (Li20).

The new figures increase the company’s global resource inventory in Ontario that includes its flagship Seymour project to 24.5 million tonnes at 1.14 per cent Li20.

Of note is 93 per cent of the Root MRE sitting in the higher confidence, Indicated JORC category.

“We are pleased with the recent 25 per cent increase in the Mineral Resource Estimate at the Root Bay deposit, especially within the higher confidence, Indicated category,” Green Technology Metals CEO Luke Cox said in the company’s ASX announcement.

“This significant update has propelled Root Bay to become the largest GT1 deposit and still hosts significant down dip extensions that haven’t been included in this update.

“This accomplishment underscores the substantial growth and potential that our projects hold.

“We still have a lot of ground to cover and with time, we will continue increasing our resource base with extensive exploration programs across our highly prospective projects with our primary focus currently on the down dip, eastern and western sides of Root Bay, where we anticipate further exciting developments.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Hamelin Gold Identifies Extension to Fremlins Gold System

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THE DRILL SERGEANT: Hamelin Gold landed at the South-West Connect ASX Showcase with proof there is life in the old commodity yet.

In the lead up to the conference, Hamelin Gold announced it had identified a major extension of the Fremlins gold system within the company’s West Tanami project in Western Australia.

Hamelin had completed a review of surface geochemical data to the south of Fremlins that identified a three kilometre long, coherent gold anomaly.

On the back of historical drilling, Hamelin drilled two 400 metre spaced aircore drill lines (80 metre spaced holes) across the anomaly to test for gold anomalism deeper in the regolith profile.

This first pass aircore drill program successfully outlined a +200 metre wide, +100ppb gold anomaly below the leached zone and confirmed the ineffectiveness of the historical shallow RAB drilling.

Hamelin has now commenced a second phase of infill aircore drilling at Fremlins across the two previously drilled sections.

“Our understanding of the geology and mineralisation within the West Tanami has advanced significantly over the past 12 months,” Hamelin Gold managing director Peter Bewick said in the company’s ASX announcement.

“We have seen indications of intense, near surface leaching of gold across the project which brings into question the effectiveness of shallow drilling.

“This has now been confirmed with a broad zone of anomalous gold discovered at Fremlins below historical seven metre deep RAB drillholes.

“This means the three kilometre long gold geochemical anomaly at Fremlins South remains ineffectively tested and expands the Fremlins gold system to strike length of nine kilometres.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

DevEx Resources Reports Nabarlek North Uranium Intercepts

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THE DRILL SERGEANT: DevEx Resources (ASX: DEV) arrived at the South-West Connect ASX Showcase with results fresh from the company’s 100 per cent-owned Nabarlek uranium project, located in the Northern Territory.

DevEx Resources has been drilling at Nabarlek North testing an offset adjacent to the Nabarlek Fault, north of the historical Nabarlek Mine and on the boundary of the Nabarlek Mining Lease.

Step-out drilling at the Nabarlek North prospect has returned shallow uranium equivalent intercepts (eU3O8), including:

11.2 metres at 0.33 per cent eU3O8 (3,300ppm) from 41m (RC 174), including 5.1m at 0.51 per cent eU3O8 (5,100ppm)

21.5m at 0.11 per cent eU3O8 (1,100ppm) from 36.0m (RC 173), including 1.3m at 0.61 per cent eU3O8 (6,100ppm).

The company has declared step-out RC drilling along this fault to the north and south of these intercepts as a priority for further drill testing this month, together with follow-up drilling at other targets.

“Our drilling campaign continues to build momentum, with significant uranium mineralisation returned in the two recent step-out holes,” DevEx Resources managing director Brendan Bradley said in the company’s ASX announcement.

“These holes were drilled along strike from the exciting intercept of 4.6 metres at 0.32 per cent eU3O8 reported last month.

“Importantly, the new intercepts are located in the same stratigraphic position at the unconformity between the overlying sandstone and the underlying Cahill Formation.

“This is a geological host position that is highly significant in some of the world-class uranium deposits of the district.

“Intensive step-out drilling is underway and we are looking forward to what this can deliver.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Calidus Resources Identifies New Large High-Grade Satellite Deposits to Feed Warrawoona

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THE DRILL SERGEANT: Calidus Resources (ASX: CAI) carried out technical reviews that resulted in identification of Mickey’s Find as another property with the potential to deliver high-grade profitable ounces to the company’s Warrawoona gold project (WGP).

Mickey’s Find is part of the recently announced Haoma Joint Venture (CAI 60%: Haoma 40%), and was earmarked as a priority by Calidus due to its proximity to WGP, granted Mining Leases and potential to supply substantial high-grade ore to the Warrawoona processing plant.

High-grade mineralisation at Mickey’s Find, which is open along strike and at depth, was last drill tested in 2003 by Haoma that drilled a thicker, lower-grade gold-silver-copper intercept located 800m west of the main area of drilling, which Calidus plans to explore in parallel.

Identification of Mickey’s Find follows the Blue Bar and Bamboo Creek high-grade regional gold deposits, which were identified on granted Mining Leases within trucking distance of Warrawoona that require minimal upfront capex.

Calidus aims to soon restart production at Blue Bar to provide high-grade ore supply to Warrawoona, including stockpiles of 10,000 tonnes at 1.5 grams per tonne gold.

“Mickey’s Find is a potentially significant gold system that could provide substantial long-term feed to the Warrawoona operations,” Calidus Resources managing director Dave Reeves said in the company’s ASX announcement.

“The high-grade mineralisation is just 60 kilometres from the Warrawoona plant and drilling completed in 2003 by Haoma highlighted an additional opportunity to identify a bulk tonnage gold-silver-copper deposit.

“We are aiming to imminently restart production at Blue Bar with Bamboo Creek and then Mickey’s Find to follow.

“These deposits will provide high-grade ore supply to Warrawoona, supplementing material from the Klondyke open pit.

“Importantly these new regional deposits identified on the Haoma JV are located on granted Mining Leases within trucking distance of Warrawoona and require minimal upfront capex due to being amendable to shallow open pits.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Prodigy Gold Drills Higher-Grade Hyperion Intercepts

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THE DRILL SERGEANT: Prodigy Gold (ASX: PRX) reported receipt of all results for a reverse circulation (RC) drilling program completed at the Hyperion deposit, part of the company’s Tanami North project in the Northern Territory.

Prodigy Gold completed drilling of the RC program at Hyperion in August, which was designed as a two part program.

The first part was planned to improve the company’s confidence and potentially increase the metal inventory of the Hyperion mineral resource, which has not been updated since July 2018.

The second part of the program was designed to follow up on surface sampling results at the recently re-mapped Brokenwood, Stoney Ridge and Laydown prospects with exploration holes completed to test the potential for mineralisation in these areas.

The company explained the results returned several intercepts based on a 0.5g/t gold cut-off, including higher-grade highlights of:

HYRC2305A
40 metres at 6.2 grams per tonne gold from 60m (Estimated True Width (ETW) of 26m);

HYRC23010
6m at 8.1g/t gold from 98m (ETW of 2m); and

HYP23_068
4m at 3.1g/t gold from 62m (ETW 3.2m).

“The recently received results from the Hyperion RC drilling are providing confidence in Prodigy Gold’s strategy to focus efforts on the Tanami North project area,” Prodigy Gold managing director Mark Edwards said in the company’s ASX announcement.

“Not only has this recent drilling added more information to the Hyperion mineral resource but it has also highlighted the potential for new discoveries with the success of the holes drilled at the Brokenwood prospect, some 7km south of the Hyperion mineral resource.

“This has highlighted that there is still potential for further discoveries in and around existing resources in the Tanami North project area.

“The holes designed to drill-test the north-south trending Seuss structure, which is part of the Hyperion mineral resource, have yielded higher grade mineralisation within a wide mineralised envelop.

“More drilling will be designed to test the significance of this structure, as the grades and widths seen in this program are considered of critical importance to the overall Hyperion mineral resource.

“Additional drilling will also be required to fully understand the potential of the Brokenwood prospect, and planning will now progress to design holes to further test this mineralised structure, as the company’s understanding of the vein orientation has significantly grown based on these exciting new results.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Southern Cross Gold Extends Sunday Creek Mineralised Footprint

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THE DRILL SERGEANT: Recent drilling by Southern Cross Gold (ASX: SXG) has extended the company’s 100%-owned Sunday Creek project in Victoria.

Southern Cross Gold received assay results from 12 diamond drill from regional drilling located between 4 kilometres and 8km, along a mineralised structure from the main drill area at the Sunday Creek project.

The company said the drilled mineralised footprint at Sunday Creek has now been extended for more than 8km in east-west strike representing an 8-fold increase in the previously drilled host to gold mineralisation, demonstrating the district scale opportunities that exist for the project.

The drilling encountered high-grade gold, with an anomalous and broad (150m) mineralised halo discovered in first drill holes ever drilled outside main drill area.

Highlights include:

SDDLV003
0.5 metres at 15.7 grams per tonne gold from 87m (including visible gold); and

SDDLV004
0.3m at 5.6g/t gold from 73.4m and 0.3m at 19.4g/t gold from 100.7m.

“Drilling has confirmed the presence of the same dyke breccia host and crosscutting high-grade gold-bearing veins as currently being drilled within the main mineralised zone at Sunday Creek,” Southern Cross Gold managing director Michael Hudson said in the company’s ASX announcement.

“The results in this program are commensurate with the very early drilling undertaken in what is now the core drill area at Sunday Creek.

“Excitingly, we have demonstrated an 8-fold extension of the same mineralised structure, with high-grades up to 19.4g/t gold hosted within a broad and extensive host.

“The drill program has proved that the entire 8km trend and beyond at Sunday Creek is highly prospective for future significant gold discoveries.

“Drilling with four rigs continues at the main zone with preliminary visual geological logs of four holes at Rising Sun and one hole from Apollo show multiple zones of mineralisation with visible gold noted in certain restricted zones.

“Assays are pending.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Wildcat Resources Reports Further Tabba Tabba Lithium Hits

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

Wildcat Resources has received assay results from a further 32 RC holes of the program, claiming them to confirm Tabba Tabba hosts multiple pegmatite clusters containing high-grade lithium mineralisation over broad and continuous intervals.

Best results from drilling at the Leia Pegmatite in the project’s Central Cluster included:

TARC131
52 metres at 1.3 per cent lithium oxide (Li2O) from 117m (est. true width);

TARC024
35m at 1.5 per cent Li2O from 200m (est. true width) within 53m at 1 per cent Li2O from 190m; and

TARC088
68m at 1 per cent Li2O from surface (down hole length).

Best results from The Hutt Pegmatite in the Northern Cluster included:

TAR082
16m at 1.3 per cent Li2O from 39m (est. true width) within 22m at 1 per cent Li2O from 37m.

Wildcat explained the Leia Pegmatite to be greater than 1.5km in strike length, has true widths over 130m wide, and remains open along strike and at depth.

The company added that adjacent parallel bodies (Chewy and Boba Pegmatites) add to the scale potential of the Central Cluster.

Wildcat has now commenced diamond drilling at the Leia Pegmatite, targeting dip and plunge extensions of thickest lithium zones.

“The second batch of assay results reinforces our belief that we are onto a terrific lithium discovery at Tabba Tabba,” Wildcat Resources managing director Samuel Ekins said in the company’s ASX announcement.

“The system is showing it has significant scale, we are seeing impressive intersections at multiple locations and the central pegmatite cluster seems to be getting better with depth.

“We are very excited about the potential and look forward to more results as we continue to aggressively explore the project.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

Flynn Gold Reports Gold Results from Drilling at Trafalgar

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THE DRILL SERGEANT: Flynn Gold (ASX: FG1) was happy to report results recently achieved from a diamond drilling program underway at the Trafalgar prospect within the company’s 100 per cent-owned Golden Ridge project in North-east Tasmania.

Flynn Gold’s demeanour was due to the first assays for drill hole TFDD015 at Trafalgar that intersected multiple veins with high-grade gold mineralisation, including:

TFDD015
1.1 metres at 51.3 grams per tonne gold from 353.2m, including 0.4m at 137.8g/t gold from 353.9m
2.45m at 5.1g/t gold from 204.55m, including 0.55m at 20.22g/t gold from 205.2m
1.6m at 5.86g/t gold from 191.7m, including 0.8m at 13.95g/t gold from 191.7m
2.4m at 2.83g/t gold from 167m, including 0.45m at 11.35g/t gold from 168.95m

Flynn Gold said results for a remaining 420m of samples from drill hole TFDD014 and the remaining sections of TFDD015 are pending and will be reported once laboratory assays become available.

“The latest results from the recently completed drilling at the Trafalgar prospect at Golden Ridge in north-east Tasmania have again delivered exceptional gold results from multiple high-grade intersections that further support the company’s target model for a significant IRGS type gold deposit,” Flynn Gold managing director and CEO Neil Marston said in the company’s ASX announcement.

“Drill hole 15 was designed to test for high-grade gold mineralisation at depth beneath the historical Trafalgar main shaft and approximately 75 metres below a historical drill hole intersection which included 0.4 metres at 150 grams per tonne gold.

“To achieve a similar high-grade result in this latest drill hole increases our confidence in the extent and orientation of these high-grade shoots, which are occurring close to the granodiorite-hornfels contact.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Gateway Mining Commences Diamond Drilling on Deep Targets at Montague

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THE DRILL SERGEANT: Gateway Mining (ASX: GML) has commenced diamond drilling to test two deep targets at the company’s Montague gold project, located in the Murchison Gold District of Western Australia.

Gateway Mining explained the 2-hole, 1,100m diamond drilling campaign has been designed to evaluate favourable structural zones the company has identified directly down-dip of existing Mineral Resources at the 163,000 ounce Montague-Boulder and 99,000 ounce Achilles deposits.

The company identified these prospective structural zones via a recent 2- dimensional seismic survey completed across the Montague Granodiorite.

The drilling is being co-funded through the WA Government Exploration Incentive Scheme (EIS).

“Our step-change exploration campaign at Montague has reached a pivotal moment with the commencement of this exciting deep diamond drilling campaign,” Gateway Mining managing director Mark Cossom said in the company’s ASX announcement.

“These deep holes will target interpreted structural zones down-dip of existing resources at Montague-Boulder and Achilles identified through the recent 2D seismic survey.

“This will give us the first definitive picture of the geological structures and mineralising processes at work at Montague which have led to the deposition of the known shallow deposits.

“We are very excited by what this drilling could deliver, we will be targeting highly prospective areas down-dip of significant gold mineralisation.

“At the very least, we expect the drill core and assay data from this program to provide high value stratigraphic and structural information, that will assist us to vector in on a game-changing discovery at Montague and hopefully demonstrate the potential for a multi-million-ounce mineral system.

“In parallel with this drilling, the team will undertake heritage surveys over the exciting new anomalies defined at Montague North.

“This should pave the way for a new phase of air-core drilling to test this vast new gold target, as well as the new target area identified at Montague West.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Sky Metals Reports Resource Expansion Drilling Results from Tallebung Tin Project

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THE DRILL SERGEANT: Sky Metals (ASX: SKY) reported results of a first phase of resource expansion and infill drilling recently undertaken at the company’s Tallebung project in New South Wales.

The Tallebung project covers the historic Tallebung Tin Mining Field at the northern extent of the Wagga Tin Belt within the central Lachlan Orogen in NSW, where SKY has defined a maiden mineral resource estimate (MRE) of 10.2 million tonnes at 0.18 per cent tin.

The company explained its recent drilling efforts were aimed at building to a critical mass resource target for mine scoping studies and potential future mining.

Assay results for 15 of the 25 holes competed at the Tallebung project have been received, and include:

TBRC059
19m at 0.27 per cent tin from 17m, including 5m at 0.83 per cent tin from 19m;

TBRC056
10m at 0.31 per cent tin from 68m, including 1m at 0.94 per cent tin from 69m; and

TBRC057
6m at 0.49 per cent tin and 40 grams per tonne silver from 34m, including 1m at 2.3 per cent tin and 83.8g/t silver from 35m.

Sky anticipates assays for the remaining 10 holes to be received over the coming weeks.

“The consistent nature of these results, combined with the extension of high-grade zones, will significantly grow an updated resource at the Tallebung project on receipt of all of the outstanding results,” SKY CEO Oliver Davies said in the company’s ASX announcement.

“SKY looks forward building on the Tallebung resource, continuing towards and growing the Exploration Target of 16-21 million tonnes at 0.16-0.2 per cent tin in the coming months.

“This will provide SKY with the ‘critical mass’ with which SKY can begin to release mine scoping studies.”