Miramar Resources Hits High-Grade Gold at Glandore

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THE DRILL SERGEANT: Miramar Resources (ASX: M2R) reported results from the first drilling campaign at the company’s 100 per cent-owned Glandore project in the Eastern Goldfields region of Western Australia.

The Glandore project is located approximately 40 kilometres east of Kalgoorlie in proximity to a number of existing and/or proposed gold mining and/or processing operations.

Miramar Resources declared its first aircore drilling campaign completed at Glandore has outlined a 600 metres long zone of regolith gold anomalism south of Lake Yindarlgooda, with results up to:

GDAC015
2 metres at 4.78 grams per tonne gold.

Drilling has demonstrated a northeast trending zone, defined by results of greater than 0.25g/t gold, remains open onto Lake Yindarlgooda towards the East Target, where historic drilling intersected high-grade supergene and primary gold mineralisation.

The company plans to infill the recent results with further aircore drilling and test the interpreted north-eastern strike extension with the lake aircore drilling campaign.

“The Glandore project provides another fantastic opportunity for our company to make a significant gold discovery close to Kalgoorlie,” Miramar Resources executive chairman Allan Kelly said in the company’s ASX announcement.

“Like Gidji, Glandore is very underexplored despite some significant high-grade gold results.

“We are therefore looking forward to systematically testing the project given our first aircore campaign has already turned up results worthy of follow up.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@miramarresources.com.au

 

Web: www.miramarresources.com.au

 

Venture Minerals Declares Mount Lindsay Tin Discovery

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THE DRILL SERGEANT: Venture Minerals (ASX: VMS) has claimed a new tin discovery at the company’s Mount Lindsay tin project in Tasmania.

Venture Minerals recently completed exploration drilling at Mount Lindsay on a priority tin target it had delineated along strike from the high-grade Renison Bell tin mine.

This drilling has intersected 16 metres of potentially tin bearing sulphide rich, magnetite skarn.

The new skarn discovery is located within the extension of the Renison Mine Sequence, host to one of the world’s largest and highest-grade tin mines.

The diamond drilling program undertaken by Venture was designed to test extensions of the Renison Mine Sequence, with drillhole ML337 specifically targeting a coincident electromagnetic (EM) and surface geochemical anomaly, favourably located on highly prospective carbonate units that typically dominate the Renison Mine Sequence.

ML337 intersected an alteration halo over 150 metres thick, containing a 16m wide skarn mineralisation zone dominated by magnetite and sulphides typical of those seen in the company’s adjacent Mount Lindsay Deposit, which it enjoys telling anybody listening is one of the largest undeveloped tin deposits in the world, containing in excess of 80,000 tonnes of tin metal.

“Immediate success from the first exploration drilling at Mount Lindsay since 2013, has seen the discovery of a substantial skarn system immediately along strike from one of the world’s most significant and high-grade tin mines (Renison Bell Mine) and adjacent to Venture’s Mount Lindsay tin deposit located within Australia’s premier tin district,” Venture Minerals managing director Andrew Radonjic said in the company’s ASX announcement.

“The discovery of a potential new tin-bearing skarn system so close to the company’s flagship tin deposit delivers Venture an excellent opportunity to add to the already significant resource base at Mount Lindsay.

“Consumers and investors are becoming extremely focused on ESG-compliant sourcing of tin, Mount Lindsay is well positioned to meet this demand, being in a ESG compliant jurisdiction, with access to renewable hydropower, combined with the company’s commitment to minimizing its carbon footprint, through planned underground mining and processing strategies.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@ventureminerals.com.au

 

Web: www.ventureminerals.com.au

 

Pilbara Minerals Increases Pilgangoora Resource to 309Mt

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THE DRILL SERGENT: Timing, they say, is everything in this world and Australian lithium producer, Pilbara Minerals (ASX: PLS) announced a substantial increase in the Mineral Resource at it’s the company’s 100 per cent-owned Pilgangoora lithium-tantalum project just days out from the New World Metals Conference in Perth.

Located in the Pilbara region of Western Australia, Pilbara Metals said the update to the project’s Resource estimate has reinforced its claim to be the world’s premier hard rock lithium operation.

The updated Resources represents a 39 per cent increase in the total Measured, Indicated and Inferred Resource, growing to 308.9 million tonnes at 1.14 per cent lithium oxide (Li2O), 105ppm tantalum pentoxide (Ta2O5) and 0.59 per cent iron (III) oxide (Fe2O3), containing 3.5 million tonnes of Li2O and 71.7 million pounds of Ta2O5.

The numbers also show a 59 per cent increase in the total Measured and Indicated Resource to 210.2 million tonnes grading 1.17 per cent Li2O, 103ppm Ta2O5 and 0.56 per cent Fe2O3, containing 2.46 million tonnes of Li2O and 47.7 million pounds of Ta2O5.

With an increased cut-off grade of 0.5 per cent Li2O, the total Measured, Indicated and Inferred lithium Resource amounts to 277.2 million tonnes at 1.22 per cent Li2O containing 3.4 million tonnes of Li2O.

All this before the tantalum by-product credits are taken into consideration.

The updated JORC 2012-compliant Mineral Resource incorporates all historical data including drilling data acquired through several exploration campaigns completed by Pilbara Minerals between November 2014 and June 2021.

The update also includes the integration of the former Altura lithium operations Mineral Resource.

“This landmark Resource upgrade is another clear indication of Pilgangoora’s position as the world’s premier hard-rock lithium asset,” Pilbara Minerals managing director and CEO Ken Brinsden said in the company’s ASX announcement.

“The scale of the endowment is quite remarkable, with the integration of the adjoining Ngungaju Resource, combined with highly successful development and drilling programs, taking our Resource inventory well and truly to the next level.

“We are looking forward to completing an updated Ore Reserve next month that will underpin operations for many decades to come.

“Against the backdrop of surging global demand for lithium raw materials, Pilgangoora is incredibly well positioned to play a pivotal role in the accelerating global energy transformation.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

 

 

Web: www.pilbaraminerals.com.au

 

Rox Resources Identifies Potential Parallel Youanmi Gold Lode

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THE DRILL SERGENT: Rox Resources (ASX: RXL), and Joint Venture partner Venus Metals Corporation (ASX: VMC), reported identification of a potential new parallel lode at the Youanmi gold mine within the JV’s Youanmi gold project near Mt Magnet in Western Australia (Rox 70% and Manager, VMC 30%).

The identification came during drilling at Youanmi that intersected high-grade mineralisation in a newly defined position in the hanging wall to the main lode structure.

Rox Resources said the high-grade intersection in the untested hanging wall area reveals potential for new lode:

RXDD022
4 metres at 45.5 grams per tonne gold from 341m, including 1.33m at 129.3g/t gold from 341.75m (new hanging wall zone at Junction).

Further high-grade gold intercepts were received from infill and extension drilling at Junction, including:

RXDD024
16m at 4.22g/t gold from 56m, including 3m at 16.4g/t gold from 66m and 3m at 4.1g/t gold from 203m (Junction); and

RXRC398
3m at 15.17g/t gold from 108m and 3m at 3.35g/t gold from 204m (Junction)

Drilling remains on track to deliver further increases in the Youanmi gold resource.

Rox said the identification of high-grade mineralisation at Junction and the new hanging wall zone demonstrates the potential for new discoveries at Youanmi as the company continues to build confidence in its exploration strategy.

“We are very pleased to report strongly mineralised intersections in a newly identified structure near the Youanmi mine and up-sequence from the main-lode ore body,” Rox Resources managing director Alex Passmore said in the company’s ASX announcement.

“This an exciting development as it lies within a previously untested area.

“In addition, extension and infill drilling at Junction continues to deliver high-grade results that will contribute to resource growth at Youanmi and is likely to add ounces in crucial areas that will improve project economics.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@roxresources.com.au

 

Web: www.roxresources.com.au

 

Azure Minerals Metallurgical Testwork Produces Pleasing Nickel-Copper Concentrates

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THE DRILL SERGENT: Azure Minerals (ASX: AZS) reported pleasing results from initial metallurgical testwork of nickel and copper sulphide ore from the company’s Andover project (60% Azure / 40% Creasy Group), located in the West Pilbara region of Western Australia.

Azure Minerals commissioned a metallurgical testwork program focused on developing an economic processing flowsheet for ore from the VC-07 East nuckel-copper deposit by producing saleable nickel and copper sulphide concentrates in either separate or combined form.

Stage 1 of the metallurgical testwork program comprised both sulphide flotation and comminution (crushing and grinding) testwork.

The program achieved excellent recoveries and to produce high-grade nickel-cobalt and copper concentrates, with low levels of deleterious elements.

Additionally, an internationally marketable bulk concentrate was also produced.

“These very positive results from the Stage 1 testwork program indicate that we will be able to produce high quality, high grade, clean concentrates with excellent recoveries and I am confident that further optimisation studies will continue to deliver additional improvements,” Azure Minerals managing director Tony Rovira said in the company’s ASX announcement.

“Metallurgical factors and results play a critical role in evaluating project viability, and to have produced marketable nickel and copper concentrates using a relatively simple and robust industry-standard flow sheet, at such an early stage, bodes well for the project as we move through the development studies process.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@azureminerals.com.au

 

Web: www.azureminerals.com.au

 

Black Cat Syndicate Takes Kal East Resources to 1.2M Ounces

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THE DRILL SERGEANT: Black Cat Syndicate (ASX: BC8) reported an increase to the total Resources at the company’s Kal East gold project near Kalgoorlie in Western Australia.

Black Cat Syndicate was able to do so via an update to the Majestic Mining Centre JORC 2012-compliant Mineral Resource with the inclusion of two maiden Resources from the Crown and Jones Find deposits.

The two deposits have added 95,000 ounces sitting within 1.5 kilometres of the planned 800,000 tonnes per annum processing facility at the Majestic Mining Centre.

Black Cat explained there has been no previous mining on either deposit, adding they have been converted into Resource at a combined discovery cost of less than $4 per ounce.

These new shallow Resources total 2.2 million tonnes at 1.4 grams per tonne gold for 95,000 oz and increase total Resources at the Kal East gold project to 17.5 million tonnes at 2.1g/t gold for 1.2 million ounces.

Both Resources remain open along strike and at depth with extensional drilling at Jones Find to begin this week.

Since its initial listing in January 2018, Black Cat has steadily built Resources from zero to over 1 million ounces through a combination of discovery, acquisition, and extensional drilling.

The company has achieved this at an estimated discovery cost of approx. $21/oz and an acquisition cost of $6.5/oz.

“The maiden Resources for Crown and Jones Find are within two kilometres of our planned processing facility at the Majestic Mining Centre so are high priority for our proposed mine plans,” Black Cat Syndicate managing director Gareth Solly said in the company’s ASX announcement.

“Neither deposit has seen modern mining and both are open along strike and at depth and will feature in future extension and upgrade drilling programs.

“Current drilling programs are infilling and growing the Majestic underground and Fingals open pit Resources.

“Furthermore, extensional drilling at Jones Find is commencing this week and drilling at the Crown deposit is expected in the December 2021 quarter.

“Additional discovery drilling is planned on multiple exploration targets at Kal East in 2021.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackcatsyndicate.com.au

 

Web: www.blackcatsyndicate.com.au

 

Blackstone Minerals Maintains Nickel Strike Form at Ta Khao Project

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THE DRILL SERGEANT: Blackstone Minerals (ASX: BSX) has drilled further value at the company’s Ta Khoa nickel-copper-PGE project in Northern Vietnam.

Blackstone Minerals reported assay results from a maiden drilling program carried out at the Ban Khoa Disseminated Sulphide (DSS) prospect at the Ta Khoa project.

Blackstone considers Ban Khoa to be a bulk tonnage open pit opportunity with potential to provide mine life extension and complement mining at the nearby large Ban Phuc open pit deposit.

The Ban Khoa DSS prospect is being targeted for inclusion in the company’s upcoming Upstream Business Unit (UBU) Pre-Feasibility Study (PFS).

Highlights from the maiden drill program include:

BK21-11
147metres at 0.31 per cent nickel, 0.04 per cent copper, 0.01 per cent cobalt and 0.14 grams per tonne PGE from 62m, including 34.65m at 0.55 per cent nickel, 0.08 per cent copper, 0.01 per cent cobalt and 0.37g/t PGE from 103.7m, including 10.6m at 1.06 per cent nickel, 0.11 per cent copper, 0.02 per cent cobalt and 0.88g/t PGE from 123.3m;

BK21-10
67.7m at 0.33 per cent nickel, 0.04 per cent copper, 0.01 per cent cobalt and 0.19g/t PGE from 105.3m and 32.1m at 0.48 per cent nickel, 0.08 per cent copper, 0.01 per cent cobalt and 0.33g/t PGE from 193.1m; and

BK21-08
60.2m at 0.37 per cent nickel, 0.07 per cent copper, 0.01 per cent cobalt and 0.09g/t PGE from 208.6m, including 10.8m at 1.03 per cent nickel, 0.13 per cent copper, 0.02 per cent cobalt and 0.39g/t PGE from 210.2m.

“We are pleased to present the results of Blackstone’s first drill program at the Ban Khoa prospect,” Blackstone Minerals managing director Scott Williamson said in the company’s ASX announcement.

“Ban Khoa is a bulk tonnage disseminated opportunity with excellent potential to completement mining and processing of material from the large Ban Phuc open pit orebody.

“We look forward to presenting a maiden resource for Ban Khoa as part of Blackstone’s UBU PFS.

“We are confident that the current reported drilling results are indicative of the significant geological upside that Blackstone will continue to unlock at our flagship Ta Khoa nickel-copper-PGE project.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@blackstoneminerals.com.au

 

Web: www.blackstoneminerals.com.au

 

Golden Mile Resources to Reassess Quicksilver Metallurgy

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THE DRILL SERGEANT: Golden Mile Resources (ASX: G88) has committed to a second phase of metallurgical testing on the company’s 100 per cent-owned Quicksilver nickel-cobalt project, located just outside Perth, in the Wheatbelt Region of Western Australia.

The decision follows a desk top review recently completed by leading nickel laterite processing engineers Wood Mining and Metals Australia to assess the potential of the Quicksilver project to produce a concentrate on site for either export from one of several nearby ports, processing by an existing local refinery or downstream processing by the Company.

The Wood review noted limitations in earlier test work, leading the engineers to recommended further metallurgical investigations focused on a less energy intensive conceptual flowsheet.

Golden Mile’s previous metallurgical testwork identified potential to beneficiate the Quicksilver mineralisation, however these studies were limited by focussing on assessing the direct acid leaching performance.

The Quicksilver project currently has a resource of 26.3 million tonnes at 0.64 per cent nickel and 0.04 per cent cobalt for more than 16,000 tonnes of contained nickel.

“We are very pleased to join forces with Wood to initiate further metallurgical test work looking at beneficiation options to upgrade the nickel resource at the Quicksilver nickel-cobalt project,” Golden Mile Resources managing director James Merrillees said in the company’s ASX announcement.

“This is an obvious opportunity to extract value for our shareholders, and we see the potential for a low-cost operation to produce a beneficiated product for export through nearby ports or feed to a local Western Australian nickel refinery.

“The Quicksilver beneficiation testwork will get underway at the same time as we push hard to progress on-ground exploration at our exciting Yarrambee copper-zinc project, where geophysical crews will be in the field later this month in preparation for drilling.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@goldenmileresources.com.au

 

Web: www.goldenmileresources.com.au

 

Great Boulder Resources Scores 150g/t Gold Hit at Mulga Bill

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THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) announced a substantial gold hit from recent Reverse Circulation (RC) drilling at the Mulga Bill prospect within the company’s Side Well gold project in Western Australia.

Great Boulder Resources conducted the drilling as part of a third phase of RC it completed at Mulga Bill completed between late June and early July.

First assays to be received from the Phase 3 RC drilling at Mulga Bill have returned the highest grades the company has recorded to date at the Side Well project.

Highlights include:

21MBRC034
14m at 36.12 grams per tonne gold from 91m, including 3m at 149.89g/t gold from 91m;

21MBRC034
6m at 24.33g/t gold from 132m, including 4m at 34.86g/t gold from 134m; and

21MBRC036
2m at 9.61g/t gold from 100m.

“These results demonstrate the high-grade potential at Mulga Bill,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“We’re learning more about the potential of this project with every drill program.

“Given its location, size and the results we’ve seen to date I think Mulga Bill has the potential to have a plus million ounce gold endowment.

“These holes were drilled at the start of July, indicating assay results are currently taking eight weeks to report.

“We have over 4,000 samples in the pipeline which we’ll be reporting as soon as results are available.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@greatboulder.com.au

 

Web: www.greatboulder.com.au

 

Kin Mining Eyes Mount Flora as Potential Large Mineralised System

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THE DRILL SERGEANT: Kin Mining (ASX: KIN) reported on follow up air-core (AC) drilling undertaken at the Mount Flora prospect, located 20 kilometres from the company’s 100 per cent-owned 1.23 million ounces Cardinia gold project (CGP) near Leonora in Western Australia.

Kin Mining reported the drilling had intersected zones of shallow, high-grade, gold mineralisation, returning several strong intercepts such as:

MF21AC710
8 metres at 3.75 grams per tonne gold from 32m; and

MF21AC715
16m at 1.16g/t gold from 24m.

These results were encountered along strike from drill-hole MF21AC522 which intersected:

22m at 8.96g/t gold from 24m.

Other results included:

MF21AC524
8m at 2.79g/t gold from 28m.

Kin Mining declared the results confirmed the discovery of an important zone of new mineralisation, which has rapidly elevated the Mount Flora prospect as a priority for the company’s exploration team.

“While still early days, Mt Flora has all the hallmarks of a significant new discovery which is quite different to what we’ve seen in the Cardinia area before,” Kin Mining managing director Andrew Munckton said in the company’s ASX announcement.

“The aircore drilling has so far outlined a substantial mineralised position in the eastern side of our tenure and an additional smaller zone in the north-west.

“The eastern zone contains numerous ore grade hits in shallow drilling within a zone extending over at least 700 metres in length and up to 150 metres wide.

“New intersections such as 8m at 3.75g/t gold and 16m at 1.16g/t gold support earlier spectacular intersections such as 22m at 8.96g/t gold and 8m at 2.79g/t gold in the first pass of shallow air-core drilling in a new area.

“The eastern zone has been intersected on all eight lines of 100m spaced drilling returned to date and remains open to the north and east – suggesting that this is shaping up as a potential discovery of considerable scale and potential for Kin.

“Given the widespread nature of the ore grade intercepts we have seen, we will now move to a broad-spaced RC and diamond drilling program at Mt Flora as a priority.

“We will be pushing hard to get the first deeper drilling into this area as quickly as possible while we wait for the remaining assays to confirm potential extensions to the eastern mineralisation and the other complementary zones.

“Mount Flora formed part of the original Kin Mining IPO but has had relatively little exploration attention until recently when the regional exploration program commenced.

“This program is targeting potential satellite discoveries which can be complementary to our central Cardinia asset.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@kinmining.com.au

 

Web: www.kinmining.com.au